College Budget
T he vast majority of college students, and even young adults, do not have a budget. I didn't have a budget for a very, very long time, and I'm entirely certain I'd have more money in the bank if I did. Why don't we do something that we know we should and makes complete sense? The answer is that budgets seem difficult, boring, and restrictive, when college is about spontaneity, fun, and passion. In this article, I'll help you make a budget and teach you some behavioral tricks to help you stick to it. Disclaimer for legal purposes: This is based on my personal experience as a college student and I'm not a professional in personal finance. MAKING A BUDGET You can make a simple budget using Excel or Google Sheets. Open one up and start two columns on the left: a category of purchase and next to that, the total. Download your statement from the last month from your bank, and go through every purchase, categorizing it and updating your total. It might look somet...