MGMT100-0NE Workshop 8: Monthly Budget Luciano Lombardo

Monthly
College Budget
september income: september expenses: september cash flow:

$2,500 $4,605 -$2,105

financial aid room & board

wages (after-tax) tuition & fees

books & supplies
family help
transportation
from savings discretionary
other other expenses

september cash
flow:

CASH FLOW

sep oct nov dec jan feb mar apr may jun jul aug year

SEP Select First Budget Month

SEP
Monthly Cash After Expense SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG YEAR % INC
Cash Flow (2,105) 1,095 1,095 1,095 (1,405) 1,095 1,095 1,095 435 435 435 435 4,800 (84.2%)
Cumulative Cash Flow (2,105) (1,010) 85 1,180 (225) 870 1,965 3,060 3,495 3,930 4,365 4,800

MONTHLY INCOME SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG YEAR % INC
Financial aid (grants, scholarships, loans) paid to you - - - - - - - - - - - - 0 0.0%
After-tax wages from a job - - - - - - - - 1,680 1,680 1,680 1,680 6,720 0.0%
Financial help from family - - - - - - - - - - - - 0 0.0%
Withdrawals from savings 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 20,000 100.0%
Other (child support, public assistance, gifts, etc.) - - - - - - - - - - - - 0 0.0%
TOTAL INCOME 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 1,680 1,680 1,680 1,680 26,720 100.0%

MONTHLY EXPENSE SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG YEAR % INC
Room & Board 620 620 620 620 620 620 620 620 620 620 620 620 7,440 13.5%
Rent, mortgage, or dorm room 500 500 500 500 500 500 500 500 500 500 500 500 6,000 10.9%
Food (groceries or meal plan) 120 120 120 120 120 120 120 120 120 120 120 120 1,440 2.6%
Utilities (heat, water, electricity) - - - - - - - - - - - - 0 0.0%

Tuition & Fees 2,660 160 160 160 2,660 160 160 160 0 0 0 0 6,280 57.8%
Tuition you pay 2,500 - - - 2,500 - - - - - - - 5,000 54.3%
Fees you pay 160 160 160 160 160 160 160 160 - - - - 1,280 3.5%

Books & Supplies 700 0 0 0 0 0 0 0 0 0 0 0 700 15.2%

Textbooks 150 - - - - - - - - - - - 150 3.3%
School supplies 550 - - - - - - - - - - - 550 11.9%

Transportation 330 330 330 330 330 330 330 330 330 330 330 330 3,960 7.2%
Gas, maintenance 80 80 80 80 80 80 80 80 80 80 80 80 960 1.7%
Vehicle payment 250 250 250 250 250 250 250 250 250 250 250 250 3,000 5.4%
Transit fares - - - - - - - - - - - - 0 0.0%
Travel at holidays - - - - - - - - - - - - 0 0.0%

Discretionary 45 45 45 45 45 45 45 45 45 45 45 45 540 1.0%

Savings - - - - - - - - - - - - 0 0.0%
Cell phone, Internet, cable 45 45 45 45 45 45 45 45 45 45 45 45 540 1.0%
Donations - - - - - - - - - - - - 0 0.0%
Snacks, dining out - - - - - - - - - - - - 0 0.0%
Clothes - - - - - - - - - - - - 0 0.0%
Entertainment (movies, dates, concerts) - - - - - - - - - - - - 0 0.0%

Other Expenses 250 250 250 250 250 250 250 250 250 250 250 250 3,000 5.4%
Insurance (car, health, renter's) 200 200 200 200 200 200 200 200 200 200 200 200 2,400 4.3%
Loan, credit card payment 50 50 50 50 50 50 50 50 50 50 50 50 600 1.1%
Other 0 0.0%

TOTAL EXPENSES 4,605 1,405 1,405 1,405 3,905 1,405 1,405 1,405 1,245 1,245 1,245 1,245 21,920 100.0%

For Professor: Jahnnis Pitty Del Cid Printed 11/28/2019 Page 1 of 1