MGMT100-week 9

Workshop 9: Monthly College Budget

Joseph Way-White

Monthly
College Budget
september income:

september expenses:

$2,811

$2,758

financial aid

room & board

september cash flow:

$53

tuition & fees

wages (after-tax)

books & supplies

family help

transportation

from savings

discretionary

other

other expenses

september cash
flow:

CASH FLOW
sep

oct

nov

dec

jan

feb

mar

apr

may

jun

jul

aug

year

SEP Select First Budget Month

SEP

Monthly Cash After Expense

SEP

###

###

###

###

###

###

###

###

###

###

### YEAR

Cash Flow

53

74

74

74

74

74

74

74

74

574

574

574

Cumulative Cash Flow

53

126

200

274

348

422

495

569

643

1,217

1,791

2,365

SEP

###

###

###

###

###

###

###

###

###

###

### YEAR

MONTHLY INCOME
Financial aid (grants, scholarships, loans) paid to you

After-tax wages from a job

2,000

Financial help from family

1,200

2,000

2,000

2,000

2,000

2,000

2,000

2,000

2,000

2,500

2,500

2,500

Withdrawals from savings

Other (child support, public assistance, gifts, etc.)

2,365

(389)

(389)

(389)

(389)

(389)

(389)

(389)

(389)

(389)

(389)

(389)

1.9%

% INC

0.0%

25,500

71.1%

1,200

42.7%

0
(389)

% INC

(4,668)

0.0%
-13.8%

2,811

1,611

1,611

1,611

1,611

1,611

1,611

1,611

1,611

2,111

2,111

SEP

###

###

###

###

###

###

###

###

###

###

800

800

800

800

800

800

800

800

800

800

800

800

9,600

29.0%

Rent, mortgage, or dorm room

600

600

600

600

600

600

600

600

600

600

600

600

7,200

21.8%

Food (groceries or meal plan)

200

200

200

200

200

200

200

200

200

200

200

200

2,400

7.3%

0.0%

TOTAL INCOME

MONTHLY EXPENSE
Room & Board

Utilities (heat, water, electricity)

Tuition & Fees

2,111 22,032

100.0%

### YEAR

% INC

600

21.8%

600

600

21.8%

Fees you pay

0.0%

Books & Supplies

621

621

22.5%

Tuition you pay

600

Textbooks

271

271

9.8%

School supplies

350

350

12.7%

16.8%

Transportation

462

462

462

462

462

462

462

462

462

462

462

462

5,546

Gas, maintenance

150

150

150

150

150

150

150

150

150

150

150

150

1,800

5.4%

Vehicle payment

312

312

312

312

312

312

312

312

312

312

312

312

3,746

11.3%

Transit fares

0.0%

Travel at holidays

0.0%

1,872

5.7%

0.0%

1,872

5.7%

0.0%

Snacks, dining out

0.0%

Clothes

0.0%

Entertainment (movies, dates, concerts)

0.0%

Discretionary

156

156

156

156

156

156

156

156

156

156

156

156

Savings
Cell phone, Internet, cable
Donations

Other Expenses
Insurance (car, health, renter's)

156

156

156

156

156

156

156

156

156

156

156

156

119

119

119

119

119

119

119

119

119

119

119

119

1,428

4.3%

99

99

99

99

99

99

99

99

99

99

99

99

1,188

3.6%

0.0%

240

0.7%

1,537 19,667

100.0%

Loan, credit card payment

Other

TOTAL EXPENSES

For Professor: Jahnnis Pitty Del Cid

20

20

20

20

20

20

20

20

20

20

20

2,758

1,537

1,537

1,537

1,537

1,537

1,537

1,537

1,537

1,537

1,537

20

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