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Budget

Hannah Friesen has created a budget for attending post-secondary school while living at home. She estimates $9000 in total income from summer work and savings and $11,344 in annual expenses including tuition, fees, transportation, and living costs. Her budget calculation shows that her expenses will exceed her income by $2344 for the year.

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36 views2 pages

Budget

Hannah Friesen has created a budget for attending post-secondary school while living at home. She estimates $9000 in total income from summer work and savings and $11,344 in annual expenses including tuition, fees, transportation, and living costs. Her budget calculation shows that her expenses will exceed her income by $2344 for the year.

Uploaded by

api-282845266
Copyright
© © All Rights Reserved
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
Download as doc, pdf, or txt
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Name: Hannah Friesen

Parent Signature: ________________________

Financial Budget for your Next Step...Living at home and


attending post-secondary schooling for your first year of
Post-Secondary life.
Summer Part-time work (approximate earnings per month) 2000 x 2
months =

$4000

Summer Full-time work (approximate earnings per month)


# of months =

$0

_______ x

Part-time work while attending post secondary (approx. per month)


_________ x 8 =

$0

Savings already accumulated

$5000

Total income from part time and full time work plus accumulated
savings

$9000

Expenses
Living at home costs. Will you be required to pay? Yes/No
Room and board (per month)

$0

Cell phone costs (per month)

$0

Car payments (per month)

$50

Gas for your vehicle or bus pass (per month)

$100

Car insurance (per month)

$50

Entertainment costs (per month)

$150

Incidentals (per month)

$75

Tuition costs (take tuition and divide by 8 to get per month)

$668

Fees, etc. (divide by 8)

$225

Education costs re: computer/printer/paper etc. (per month)

$100

Total expenses

$1418 per
month
$11344 per
year

Cost calculation
2344

Total income (work and savings) minus total expenses= $-

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