STEP BY STEPTO COLLEGE AND CAREERSUCCESS11. Managing Money
TOPICSLiving on a BudgetUnderstanding Financial AidAchieving a Balance between Working andBorrowingManaging Credit Wisely
REFLECTIONS:HOW DO YOU MEASURE UP?Agree? Disagree? Don’t know?A budget should guide how much money Ispend each month.I know how many courses I have to take toreceive and maintain financial aid.I understand the disadvantages of workingtoo many hours a week off campus.I am working to build a good credit scorewhile I’m in college.
CREATING A BUDGETGather income information.Gather college expense information.Gather living expense information.Food, rent, transportation, etc.Entertainment, Internet/TV, phone, etc.Miscellaneous expensesFind out how you’re doing.Make adjustments.
CUTTING COSTSRecognize difference between needs andwants.Share expenses.