Budgeting

What does it mean to budget? Why should it be important to you as a student? If you haven’t tried budgeting before, it’s time to start! Budgeting helps you make the best of your financial resources and reduce unnecessary expenses. As a student, you will have many financial demands, among them living expenses, tuition, utilities, entertainment, food, spending money, travel, and more. You can make responsible financial decisions by examining your own personal financial situation, and creating a budget.

Successful budgeting during your study years can translate into conscientious spending throughout your life. Budgeting isn’t so much a matter of not spending money, but rather being aware of how you spend your money. Like anything else, being successful at budgeting requires practice. The more you are aware of your spending, the more likely you are to be a budgeting success story and ultimately financially stable.

Generally, budgeting is a three-step process:
1. Calculate your income
2. Calculate your anticipated expenses
3. Determine what amount is left over

This site will provide you with information and tools to guide you through the above three-step process and help you begin to budgeting successfully!


What is Your Budget?

Budgeting Tools   

Money Matters