MGMT100-Section Number Workshop 8: Monthly College Budget Jahnnis Pitty Del Cid

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

$11,000 $8,470 $2,530

financial aid room & board
tuition & fees
wages (after-tax)
books & supplies
family help
transportation
from savings
discretionary
other other expenses

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 ### ### ### ### ### ### ### ### ### ### ### YEAR % INC
Cash Flow 2,530 412 382 435 561 560 1,420 330 3,588 7,313 260 960 18,751 23.0%
Cumulative Cash Flow 2,530 2,942 3,324 3,759 4,320 4,880 6,300 6,630 10,218 17,531 17,791 18,751

MONTHLY INCOME JAN ### ### ### ### ### ### ### ### ### ### ### YEAR % INC
Financial aid (grants, scholarships, loans) paid to you 2,000 400 600 500 2,000 800 2,000 500 765 - 500 1,000 11,065 18.2%
After-tax wages from a job 1,500 800 70 700 800 80 100 160 150 200 100 100 4,760 13.6%
Financial help from family 2,500 - - - 7,000 - - - 5,000 7,000 - - 21,500 22.7%
Withdrawals from savings 5,000 900 - - - - 500 - 6,000 600 - - 13,000 45.5%
Other (child support, public assistance, gifts, etc.) - - 400 - - - - - - - - 900 1,300 0.0%
TOTAL INCOME 11,000 2,100 1,070 1,200 9,800 880 2,600 660 11,915 7,800 600 2,000 51,625 100.0%

MONTHLY EXPENSE JAN ### ### ### ### ### ### ### ### ### ### ### YEAR % INC
Room & Board 450 430 370 365 350 320 330 330 340 340 340 350 4,315 5.3%
Rent, mortgage, or dorm room 360 350 300 300 250 250 250 250 250 250 250 250 3,310 4.3%
Food (groceries or meal plan) 90 80 70 65 100 70 80 80 90 90 90 100 1,005 1.1%
Utilities (heat, water, electricity) - - - - - - - - - - - - 0 0.0%

Tuition & Fees 7,000 0 0 0 7,789 0 0 0 7,987 0 0 0 22,776 82.6%

Tuition you pay - - - - 789 - - - 987 - - - 1,776 0.0%
Fees you pay 7,000 - - - 7,000 - - - 7,000 - - - 21,000 82.6%

Books & Supplies 450 200 200 0 0 0 0 0 0 0 0 0 850 5.3%

Textbooks 450 200 200 - - - - - - - - - 850 5.3%
School supplies - - - - - - - - - - - - 0 0.0%

Transportation 90 98 98 0 700 0 800 0 0 67 0 0 1,853 1.1%

Gas, maintenance - - - - - - - - - - - - 0 0.0%
Vehicle payment - - - - - - - - - - - - 0 0.0%
Transit fares 90 98 98 - - - - - 67 - - 353 1.1%
Travel at holidays - - - - 700 - 800 - - - - 1,500 0.0%

Discretionary 480 960 20 400 0 0 50 0 0 80 0 190 2,180 5.7%

Savings - - - - - - - - - 80 - 90 170 0.0%
Cell phone, Internet, cable 350 20 20 - - - - - - - - - 390 4.1%
Donations - - - - - - - - - - - - 0 0.0%
Snacks, dining out 30 40 - - - - 50 - - - - 100 220 0.4%
Clothes 100 300 - 400 - - - - - - - - 800 1.2%
Entertainment (movies, dates, concerts) - 600 - - - - - - - - - - 600 0.0%

Other Expenses 0 0 0 0 400 0 0 0 0 0 0 500 900 0.0%

Insurance (car, health, renter's) - - - - - - - - - - - 0 0.0%
Loan, credit card payment - - - - 400 - - - - - - 500 900 0.0%
Other - - - - - - - - - - - 0 0.0%

TOTAL EXPENSES 8,470 1,688 688 765 9,239 320 1,180 330 8,327 487 340 1,040 32,874 100.0%

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