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Budget 2015

This document outlines a financial budget for a student's first year of post-secondary education while living at home. It estimates $18,000 in total income from summer and part-time work as well as savings, and $2033 in monthly expenses including tuition, fees, transportation, and living costs. The budget calculates a surplus of $736 for the school year.

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22 views

Budget 2015

This document outlines a financial budget for a student's first year of post-secondary education while living at home. It estimates $18,000 in total income from summer and part-time work as well as savings, and $2033 in monthly expenses including tuition, fees, transportation, and living costs. The budget calculates a surplus of $736 for the school year.

Uploaded by

api-238940786
Copyright
© © All Rights Reserved
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
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Name _____________________

________________________

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)
Summer Full-time work (approximate earnings per month)
of months =

$0
1,600 x 2

$3,200

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


600 x 8 =

$4,800

Savings already accumulated

$9,000

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

$18,000

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

$0

Cell phone costs (per month)

$70

Car payments (per month)

$60

Gas for your vehicle or bus pass (per month)

$60

Car insurance (per month)

$150

Entertainment costs (per month)

$50

Incidentals (per month)

$30

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

$952

Fees, etc. (divide by 8)

$651

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

$10

Total expenses

$2033

Cost calculation
Total income (work and savings) minus total expenses=
$ 17,000-$16,264 = $736 extra

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