Do you know what your expenses will be when you are living off campus? Consider the cost of your monthly rent and utilities, along with these additional expenses:
- Groceries: How much will they cost you weekly? Will you be dining out or preparing food at home?
- Laundry: What will laundry cost weekly?
- Transportation: How much will you need to spend on traveling expenses weekly?
- Household products: How often do you need to purchase cleaning supplies?
- Pet care supplies: Do you own a pet? If so, how much do you need to spend on supplies weekly? Do you want to consider pet insurance?
- Entertainment expenses: How much do you spend on entertainment weekly?
- Renter's/health insurance: How much do you spend on insurance weekly?
Monthly Budget Worksheet
Monthly Income
Monthly Income |
$ |
Scholarships/Loans |
$ |
Salary |
$ |
Misc. |
$ |
TOTAL MONTHLY INCOME |
$ |
Total Personal Expenses
Clothing |
$ |
Laundry/Dry Cleaning |
$ |
Haircut/Manicure, etc. |
$ |
Organization Dues |
$ |
TOTAL PERSONAL EXPENSES |
$ |
Transportation Expenses
Car Payment |
$ |
Gas |
$ |
Car Maintenance |
$ |
TOTAL TRANSPORTATION |
$ |
Entertainment Expenses
Vacations |
$ |
Pet/Pet Care |
$ |
Books, Magazines |
$ |
CDs, DVDs |
$ |
Games, Movies, etc. |
$ |
Other: |
$ |
Other: |
$ |
TOTAL ENTERTAINMENT |
$ |
Insurance Expenses
Car |
$ |
Renter’s |
$ |
Health/Life |
$ |
TOTAL INSURANCE COST |
$ |
Monthly Living Expenses
Tuition/Fees |
$ |
Books/Supplies |
$ |
Rent |
$ |
Electricity |
$ |
Natural Gas |
$ |
Water Service |
$ |
Waste Management |
$ |
Telephone |
$ |
Cable/Internet |
$ |
Groceries |
$ |
Eating Out |
$ |
Credit Card Payments |
$ |
Loans |
$ |
Money toward Savings Acct. |
$ |
Other: |
$ |
TOTAL LIVING EXPENSES |
$ |
TOTAL PERSONAL |
$ |
TOTAL TRANSPORTATION |
$ |
TOTAL ENTERTAINMENT |
$ |
TOTAL INSURANCE |
$ |
TOTAL MONTHLY INCOME |
$ |
TOTAL MONTHLY EXPENSES |
$ |
TOTAL +/- |
$ |