My budget was fairly normal and expected. However, one of the most surprising things about my budget was that I had extra money left over at the end of every month. This amount of money wasn't very large, but it was still surprising that I wasn't in a lot of debt. I probably missed and expense or calculated one incorrectly, which makes me very nervous for my financial situation in college. Having complete responsibility over my expenses is definitely intimidating and I'm not very confident at this point that I will be ready for my college career. I realized that having an accurate budget of your income and expenses each month can be extremely vital if I want to save enough money for later in life. In order to prepare for college early, I could start heavily researching ways to save money such as cheaper apartments and textbooks, and I could begin to put my money into a savings account for tuition and other expenses not included in my budget.
If you are worried that you will miss calculate your budget during college, you can always find someone who can check it for you.
ReplyDeleteHopefully everything will work out and that you possibly didn't skip anything. I can agree with you that college is expensive and you should start saving money and I think it would be a Great idea to look at, researching for cheaper apartments and textbooks.
ReplyDeleteAll surprise come with many things and i had that same thing happen to me (having left over money.
ReplyDeleteIt is nice to have a little money left over, and it wuold also be a great idea to save that money for a "rainy day" so to speak.
ReplyDeleteI do not know how you ended up with extra money, but it is a good idea to be prepared for the future expenses that college will require. It is also a really good idea to be prepared for the expenses that might not be expected or planned in your budget.
ReplyDeleteYou shouldn't be nervous about your financial situation. Your budget went well so that is good. You can always start learning how to manage and use money now so you have good practice.
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