Budget for College Money Coming In: IncomePer Month My earnings from a job1500 Money from family/friends20 Grant 1 Grant 2 Student loan 1 Student loan 2 Scholarship Scholarship Other income Total Income1520 Money Going Out: Emergency Fund & SavingsPer month Emergency Fund500 Savings500 Total Emergency Fund & Savings1000 Money Going Out: Fixed ExpensesPer month Tuition300 School fees300 Rent0 Food0 Phone98 Utilities0 Cable/internet0 Health insurance0 Car payment0 Car insurance250 Other fixed expense40 Other fixed expense0 Total Fixed expenses:988 Money Going Out: Variable ExpensesPer month Books/Textbooks0 Medical/Dental0 Entertainment0 Eating out20 Clothing20 Sports0 Hobbies0 Other variable expense0 Other variable expense0 Total Variable Expenses:40
Per month Money Coming in: Total Income1520 minus→ Emergency Fund & Savings1000 988 minus→Variable Expenses40 -508 * The goal of a balanced budget is when money coming in minus money going o
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