MyCollege Budget

Creating a budget is important personally, and for your family, especially if they will be providing you with financial support while you are in college. Budgeting is the process of allocating a certain amount of money to a particular item prior to the expense occurring. As with other goals, the key is to be realistic. If you’re not realistic about your “Income” and “Expenses”, your budget will be of no use to you. There is no benefit in just making a budget, discipline is key to doing your best to spend within the budget you set.

The following Budget Worksheet will be helpful in establishing and evaluating your expenditures for the year. This particular worksheet has been created for monthly use; therefore, you will need one for each month you are planning a budget. Note that not all categories presented may be applicable to you; we have included some extra columns for your personal additions.

MyCollege Budget Worksheet