MGMT100-Section Number

Workshop 8: Monthly College Budget

Jahnnis Pitty Del Cid

Monthly
College Budget
september income:

september expenses:

$10,300

september cash flow:

$4,015

$6,285

room & board

financial aid

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

Cash Flow

6,285

710

635

270

230

Cumulative Cash Flow

6,285

5,885

5,450

6,160

6,795

6,630

6,400

5,995

6,065

5,695

5,965

6,195

MONTHLY INCOME

SEP

###

###

###

###

###

###

###

###

###

###

### YEAR

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

7,600

100

100

100

2,500

100

100

100

10,700

73.8%

After-tax wages from a job

300

200

150

200

150

275

100

100

800

800

800

800

4,675

2.9%

Financial help from family

400

400

800

800

800

800

4,000

3.9%

2,000

200

100

300

1,000

150

250

100

150

150

150

150

4,700

19.4%

Withdrawals from savings

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

###
(400)

###
(435)

###

###

###
(165)

###
(230)

###
(405)

###
70

###
(370)

###

### YEAR
6,195

% INC
61.0%

% INC

500

300

10,300

500

350

1,500

3,650

525

450

300

1,750

1,750

2,050

SEP

###

###

###

###

###

###

###

###

###

###

150

150

150

175

150

150

150

175

755

755

755

755

4,270

3.7%

Rent, mortgage, or dorm room

100

100

100

100

100

100

100

100

600

600

600

600

3,200

2.5%

Food (groceries or meal plan)

50

50

50

75

50

50

50

75

80

80

80

80

770

1.2%

75

75

75

75

300

0.0%

TOTAL INCOME

MONTHLY EXPENSE
Room & Board

Utilities (heat, water, electricity)

Tuition & Fees

800

0.0%

1,750 24,875

100.0%

### YEAR

% INC

2,700

2,400

500

5,600

67.2%

2,700

2,400

500

5,600

67.2%

Fees you pay

0.0%

Books & Supplies

14.9%

Tuition you pay

600

50

20

15

685

Textbooks

200

200

5.0%

School supplies

400

50

20

15

485

10.0%

Transportation

100

200

100

200

100

150

100

100

310

150

310

150

1,970

2.5%

Gas, maintenance

0.0%

Vehicle payment

0.0%

100

100

100

100

100

100

100

100

150

150

150

150

1,400

2.5%

100

100

50

160

160

570

0.0%

Transit fares
Travel at holidays

Discretionary

265

350

365

265

215

240

265

280

465

565

565

465

4,305

6.6%

Savings

50

75

50

75

50

75

50

75

300

300

300

300

1,700

1.2%

Cell phone, Internet, cable

65

65

65

65

65

65

65

65

65

65

65

65

780

1.6%

0.0%

100

100

100

100

100

100

100

100

100

100

100

100

1,200

2.5%

50

60

100

25

40

50

50

375

1.2%

50

50

50

50

50

250

0.0%

200

150

150

150

150

150

150

150

150

150

150

150

1,850

5.0%

0.0%

200

150

150

150

150

150

150

150

150

150

150

150

1,850

5.0%

0.0%

1,520 18,680

100.0%

Donations
Snacks, dining out
Clothes
Entertainment (movies, dates, concerts)

Other Expenses
Insurance (car, health, renter's)
Loan, credit card payment
Other

TOTAL EXPENSES

For Professor: Jahnnis Pitty Del Cid

4,015

900

785

790

3,015

690

680

705

1,680

2,120

1,780

Page 1 of 1