tracking income and expenses worksheet college students

Given your circumstances, for what contingencies might you need to prepare? How do you plan to prepare yourself? Click here to print. Many people find themselves in bad financial situations due to their failure to plan for contingencies. Even though you may pay your bills every month, if you do not save money, what will happen if an emergency occurs (e.g., your car breaks down, you are injured and cannot work, your job is terminated)? These possible emergencies are examples of contingencies-possible future circumstances (which can be good or bad). It is important to save your money for retirement and emergencies.

If you plan to have cable television, for example, call up your local cable company and ask for prices on various packages (and do not forget to ask for the total including tax). Attention: Money 101 will no longer be available after May 31, 2021. If you plan to attend college, how will you support yourself? Many college students receive grants and take out loans. Whether you are a traditional college student, adult college students, adult non-students, or high school students, use these budget worksheets to help in your financial planning. If you plan to join the military, ask a recruiter or conduct an internet search. To download and print: File > Download > PDF Document. Instructions: The link will automatically make a copy to use in Google Sheets. What do you plan to do after graduation? Conduct some research to find out what your income will be. Make a budget to estimate and track your income and expenses in college. After high school, students will either continue their education (at a university or technical school) or join the workforce (at a business or as part of the military).

Put together your budget- At the top of a piece of paper, write your total income, then list your expenses. A budget is a means of tracking income (money that is received) and expenditures (money that is spent). Set goals- When you have a goal you are trying to reach, such as saving for an item or paying off debt, your are more likely to follow your budget 4.

Tracking income and expenses worksheet college students