Monthly Budget Project

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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 $2,324.56
Gifts $0.00
Allowance $0.00
Financial aid $0.00
Other $0.00
TOTAL Income $2,324.56 $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 $820.00
Water bill $50.00
Energy bill (gas and electric) $90.00
Homeowners or renters insurance $13.00
Other $0.00
TOTAL Lodging & utilities $973.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Debts
Student loan payments $141.31
Consumer debt payments (credit cards) $0.00
Other $0.00
TOTAL Debts $141.31 $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 $106.00
Car insurance $202.00
Gas $118.08
Car maintenance/repairs $0.00
Public transportation $0.00
Parking $0.00
Other $0.00
TOTAL Transportation $426.08 $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 $45.00
Internet $45.00
Communication devices $0.00
Other $0.00
TOTAL Communication $90.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Entertainment
Movies $0.00
mp3s/CDs $0.00
Video games $0.00
Concerts $0.00
Eating out $18.00
Going out with friends $40.00
Entertaining friends $0.00
Other $0.00
TOTAL Entertainment $58.00 $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 $100.00
Clothing $0.00
Salon services $0.00
Other $0.00
TOTAL Personal 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
Food/household expenses
Groceries $220.10
Household goods $0.00
Other $0.00
TOTAL Food/household expenses $220.10 $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
Medical expenses
Medical insurance $0.00
Doctor co-pays $0.00
Prescriptions $0.00
Other $0.00
TOTAL Medical 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
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 $1,908.49 $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
Savings $180.00
Car $0.00
Other $0.00
TOTAL Long term goals $180.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Short term goals
Vacation ($900) $150.00
Emergency Funds $86.07
TOTAL Short term goals $236.07 $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 $416.07 $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% 42% 0%

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$0.00 Up to 10% 0% 0%

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$0.00 Up to 13% 18% 0%

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$0.00 Up to 5% 4% 0%

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$0.00 Up to 15% 9% 0%

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$0.00 Up to 3% 0% 0%

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$0.00 Approx. 8% 18% 0%
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