Microsoft Word - Budget Worksheet.doc

What is your budget? Before you start searching for off-campus housing, you

need to evaluate how much you can afford to spend on housing and related

expenses. A great first step is filling out a budget worksheet. Keep in mind which

items are fixed costs (must haves you cannot change) and which costs are

discretionary (you can change if and how much to spend on these categories).

ICOME

One-Time Monthly Total

 Scholarships $______

 Grants $______

 Monetary Gifts $______

 Personal Savings $______

 Loans $______

 Other $______

 Paycheck $______

 Allowance

(parents/others) $______

 Stipend $______

 Other $______

Subtotal: One-Time Income $___________ + Subtotal: Monthly Income $_______ =Total Income:$______

EXPESES

One-Time Monthly Total

School-Related:

 Tuition $______

 Fees $______

 Books & Supplies $______

 Meal Plan (optional) $______

 Univ. Parking Permit $______

 Other $______

Housing-Related:

(See descriptions on Page X)

 Security Deposit $______

 Move-In Fees $______

 Utility Deposits/Installation

Electric $______

Water/Sewer $______

Gas $______

Cable/Satellite $______

Telephone $______

 Renter’s Insurance $______

 Furnishings (buy/rent)* $______

Housing:

 Rent $______

 Electric/Gas $______

 Telephone $______

 Cable $______

 Water/Sewer/Trash $______

 Yard Maintenance $______

 High Speed Internet $______

 Other $______

Insurance:

 Health Insurance $______

 Vehicle Insurance $______

Transportation:

 Gasoline $______

 Vehicle Maintenance $______

 Parking $______

 Public Transportation $______

 Other $______

Household:

 Food* $______

 Toiletries $______

 Laundry/Dry Cleaning* $______

 Other $______

Recreation:

 Eating Out* $______

 Entertainment* $______

 Trips* $______

 Other* $______

Clothing:

 Clothes, Shoes, etc.* $______

Financial Commitments

 Credit Card Payments $______

 Car Payment $______

 Loan Payment $______

 Membership Dues $______

 Gifts (birthdays, etc.)* $______

Savings

 Monthly Savings $______

Subtotal: One-Time Expenses

$________________________

+ Subtotal: Monthly Expenses

$_____________________

=Total Expenses

$____________

TOTAL Income – Expenses

(Don’t forget, expenses can’t be more than your income, so cut back on discretionary

items as needed to balance your budget.)

$____________