Budgeting for College

I have many great qualities, and then I have some iffy ones… (name that movie!) but I think no one will ever say that I’m great at handing my money. I had a job for 6 months in my senior year of high school, and aside for some clothes and shoes, I really didn’t do anything responsible with my money, like start to save it.

However, I recently got a job at a Best Buy near my school, and if everything goes well I should begin making money on Sunday! I also recently began separating myself from my joint bank account I hold with my father. It was time I start making my own money and saving it responsibly! I opened a student account at PNC Bank with virtual wallet – highly recommend!

Yesterday I made two giant steps in the right direction. I created a budget spreadsheet and a list of things I want, both using Google Drive. For the moment, these aren’t for any other purpose than just tracking what I tend to spend money on. Once I have that info, I’ll be able to decide what I need to spend less on.


In my To Buy spreadsheet, I list major purchases (I consider them major if they aren’t coffee or gum) in two categories: things I will buy with my own money, and things my dad will buy for me. I am *super lucky* that my dad will still help me out with things that I need for school.

Screen Shot 2014-09-08 at 6.40.05 PM

As you can see, the only two items I have listed for my dad to get for me right now are a laptop case and some nail stuff I needed to make my nails presentable before I start work. Items on the left are color coded based on urgency – green for immediate and yellow for priority. First and foremost, my money has to going to paying my dad back for a camera he bought me. However, other things have prior time constraints, like my brother’s birthday which is in 3 weeks. I’m going to have to buy his present before I send the money to my dad, but I want to keep my priorities straight. I will cross out items I purchase.

Next, I have the actual spending tracker. I’m going to make a new sheet each month so I can track the totals.

September 2014

September 2014

I have this spreadsheet separated into individual days… I will write the total amount I spend via my shared account or personal, and if I put money into savings, and every time I get paid or receive some sort of gift money.

Hopefully this helps if you have any questions on how to create a budget! Both of these documents only took me a matter of minutes to construct, so it should be pretty easy for you to do the same!


About Lisa Wilson

22 year old social worker, pursuing her MSW and trying to live every day to the fullest. Never seen without iced coffee or her planner!

Posted on September 8, 2014, in College, Sophomore Year and tagged , , , , . Bookmark the permalink. Leave a comment.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: