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Monthlycollegebudget

The document is a monthly budget for a college student for the month of January. It lists the student's income of $5,796 which includes financial aid and wages. It then lists expenses totaling $5,191 including $2,886 for tuition and fees, $860 for room and board, and $795 for discretionary expenses. The budget shows a January cash flow of $605 which is the amount left over after expenses are subtracted from income.

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0% found this document useful (0 votes)
106 views1 page

Monthlycollegebudget

The document is a monthly budget for a college student for the month of January. It lists the student's income of $5,796 which includes financial aid and wages. It then lists expenses totaling $5,191 including $2,886 for tuition and fees, $860 for room and board, and $795 for discretionary expenses. The budget shows a January cash flow of $605 which is the amount left over after expenses are subtracted from income.

Uploaded by

api-455095596
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Nikeya Ferrigon

MGMT100-0NA Workshop 8: Monthly College Budget


N01232778

Monthly
College Budget
january income: january expenses: january cash flow:

$5,796 $5,191 $605

1 2 3 4 5

january cash flow:

CASH FLOW

jan feb mar apr may jun jul aug sep oct nov dec year

JAN Select First Budget Month


JAN

Monthly Cash After Expense JAN #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? YEAR % INC
Cash Flow 605 (3,141) (1,355) (1,445) (1,525) (1,445) (1,875) (1,495) (1,805) (1,355) (1,805) (785) (17,426) 10.4%
Cumulative Cash Flow 605 (2,536) (3,891) (5,336) (6,861) (8,306) (10,181) (11,676) (13,481) (14,836) (16,641) (17,426)

MONTHLY INCOME JAN #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? YEAR % INC
Financial aid (grants, scholarships, loans) paid to you 5,246 - - - 3,498 - - - - - - - 8,744 90.5%
After-tax wages from a job 350 350 350 350 350 350 350 500 500 500 500 800 5,250 6.0%
Financial help from family 100 - 100 100 - 100 100 200 - - 100 300 1,100 1.7%
Withdrawals from savings - - - - - - - - - - - - 0 0.0%
Other (child support, public assistance, gifts, etc.) 100 300 100 150 250 80 - 350 - 150 150 600 2,230 1.7%
TOTAL INCOME 5,796 650 550 600 4,098 530 450 1,050 500 650 750 1,700 17,324 100.0%

MONTHLY EXPENSE JAN #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? YEAR % INC
Room & Board 860 860 860 660 860 860 910 910 910 970 970 970 10,600 16.6%
Rent, mortgage, or dorm room 160 160 160 160 160 160 160 160 160 160 160 160 1,920 3.1%
Food (groceries or meal plan) 350 350 350 150 350 350 400 400 400 460 460 460 4,480 6.7%
Utilities (heat, water, electricity) 350 350 350 350 350 350 350 350 350 350 350 350 4,200 6.7%

Tuition & Fees 2,886 0 0 0 3,498 0 0 0 0 0 0 0 6,384 55.6%


Tuition you pay 2,826 - - - 3,498 - - - - - - - 6,324 54.4%
Fees you pay 60 - - - - - - - - - - - 60 1.2%

Books & Supplies 180 1,616 80 0 0 0 0 0 0 0 0 0 1,876 3.5%


Textbooks 80 - - - - - - - - - - - 80 1.5%
School supplies 100 1,616 80 - - - - - - - - - 1,796 1.9%

Transportation 160 160 160 160 160 160 160 160 160 160 160 160 1,920 3.1%
Gas, maintenance - - - - - - - - - - - - 0 0.0%
Vehicle payment - - - - - - - - - - - - 0 0.0%
Transit fares 160 160 160 160 160 160 160 160 160 160 160 160 1,920 3.1%
Travel at holidays - - - - - - - - - - - - 0 0.0%

Discretionary 795 945 595 915 895 745 1,045 1,265 595 665 1,215 1,145 10,820 15.3%
Savings 50 50 50 50 50 50 50 50 50 50 50 50 600 1.0%
Cell phone, Internet, cable 45 45 45 45 45 45 45 45 45 45 45 45 540 0.9%
Donations - - - 20 - - - - - 20 20 20 80 0.0%
Snacks, dining out 250 300 250 250 250 250 250 350 250 250 350 250 3,250 4.8%
Clothes 150 150 - 150 250 100 350 460 - - 300 430 2,340 2.9%
Entertainment (movies, dates, concerts) 300 400 250 400 300 300 350 360 250 300 450 350 4,010 5.8%

Other Expenses 310 210 210 310 210 210 210 210 640 210 210 210 3,150 6.0%
Insurance (car, health, renter's) - - - - - - - - - - - - 0 0.0%
Loan, credit card payment 210 210 210 210 210 210 210 210 210 210 210 210 2,520 4.0%
Other 100 - - 100 - - - - 430 - - - 630 1.9%

TOTAL EXPENSES 5,191 3,791 1,905 2,045 5,623 1,975 2,325 2,545 2,305 2,005 2,555 2,485 34,750 100.0%

For Professor: Jahnnis Pitty Del Cid Printed 04/10/2019 Page 1 of 1

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