Student Finance Budget

Students are well into the Fall 2013/14 year by now and if have not already are about to receive their first student aid disbursements. This is a good time to reemphasize the importance of sound money management by encouraging students to create and follow a budget. To begin keeping a budget, a tally of monthly expenses recorded to eventually get a sense of the average cost for varying expenses. Using and strictly following the attached budget formatted in an Excel spreadsheet, after a year students will see a surplus considering the amount the year started out with and adding monthly income and subtracting paid expenses. Student should personalize the budget according to their taste and refer to it often to record transaction and analyze whether they are living within their budget.