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Budget worksheet

College Student (18-25) Budget Worksheet


Projected Actual Actual Actual Actual Actual Actual Actual Actual Actual Actual Actual Actual
Monthly Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec
Income
Wages $2,740.63
Gifts $0.00
Allowance $0.00
Financial aid $0.00
Other $0.00
TOTAL Income $2,740.63 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Expenses
School expenses
Tuition $0.00
Fees $0.00
Books $0.00
Supplies $0.00
TOTAL School expenses $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Lodging & utilities
Mortgage/Rent $940.00
Water bill $70.95
Energy bill (gas and electric) $175.15
Homeowners or renters insurance $25.75
Other $0.00
TOTAL Lodging & utilities $1,211.85 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Debts
Student loan payments $137.71
Consumer debt payments (credit cards) $0.00
Other $0.00
TOTAL Debts $137.71 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Charitable giving
Faith organization $0.00
Community organization $0.00
Other $0.00
TOTAL Charitable giving $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Transportation
Car payment $179.00
Car insurance $212.00
Gas $60.00
Car maintenance/repairs $0.00
Public transportation $0.00
Parking $0.00
Other $0.00
TOTAL Transportation $451.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Communication
Cell phone monthly plan $85.00
Internet $45.00
Communication devices $0.00
HBO Max/Hulu/Spotify $37.97
TOTAL Communication $167.97 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Entertainment
Movies $0.00
mp3s/CDs $0.00
Video games $0.00
Concerts $0.00
Eating out $50.00
Going out $50.00
Entertaining friends $0.00
Other $0.00
TOTAL Entertainment $100.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Personal Expenses
Personal products $48.12
Clothing $0.00
Salon services $0.00
Other $0.00
TOTAL Personal Expenses $48.12 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Food/household expenses
Groceries $112.29
Household goods $47.30
Other $0.00
TOTAL Food/household expenses $159.59 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Gifts
For friends $0.00
For family $0.00
TOTAL Gifts $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Emergency Fund
Emergency Fund $150.00
Doctor co-pays $0.00
Prescriptions $0.00
Other $0.00
TOTAL Medical expenses $150.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Pet expenses
Veterinary expenses $0.00
Food $0.00
Boarding $0.00
Other $0.00
TOTAL Pet expenses $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
TOTAL Expenses $2,426.24 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Savings
Long term goals
House $0.00
Car $0.00
Savings $164.39
TOTAL Long term goals $164.39 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Short term goals
Trip to Bora Bora $150.00
Other $0.00
TOTAL Short term goals $150.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
TOTAL Savings $314.39 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
TOTAL BUDGET $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Annual Total Suggested Allocation Projected Allocation Actual Allocation

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$0.00 Up to 35% 44% 0%

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$0.00 Up to 5% 6% 0%

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$0.00 Up to 3% 0% 0%

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$0.00 Approx. 8% 11% 0%
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