How Do You Manage A Student Budget?
Being a student is a full time job… but one with little or no pay. Without a significant income, it is important to create and stick to a budget. Doing so can make student loans go farther, and/or minimize friction when your parents need to bail you out. These tips will help you budget your money and learn how to stick to the budget you’ve created. Determine and write down all your sources of income as well as how often you receive money from these sources. These can include cash from your parents, scholarships, jobs, or any other money you can count on receiving on a regular basis. Determine and write down all your expenses on a monthly basis. Expenses include: Rent, Groceries, Tuition, Textbooks, Utilities such as electricity and water bills, Toiletries, Eating out, entertainment (movies, bar night, etc.), clothing, haircuts, regular bills such as cellphone and internet bills, transportation, and anything else you might spend your money on. If you’re not sure how much you typically
