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)
# of months =

_______ x

Summer Full-time work (approximate earnings per month)

x 2 months = 352

176

n/a

$3,608.00
$1,200.00

Tips;
$60 a night x 20 nights =
Part-time work while attending post secondary
= 800 x 10.25

80hrs x 10months

$8,200.00
$7,200.00

Tips;
$45 a night x 160 (4nights a week x 40 (4 weeks in each month x 10))
Savings already accumulated

n/a

Total income from part time and full time work plus accumulated
savings (for a year)

$ 21,208.00

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

n/a

Cell phone costs (per month)

$75.00

Car payments (per month)

$ 75

Gas for your vehicle or bus pass (per month)

$400

Car insurance (per month)

$225

Entertainment costs (per month)

$100

Incidentals (per month)

$100

Tuition costs (take tuition and divide by 10 to get per month)

4,062.40/10=

$406.24

Fees, etc. (divide by 10) 721.06/10=

$72.11

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

$50

Total expenses (1month)

x 10 =

$ 1,503.35
$ 15,033.50
+

Summer expenses

$1,950.00
=
$16,983.50

Total expenses for the year =

Cost calculation
Total income (work and savings) minus total expenses= $21,208.00 $16,983.50 =
$4,224.50