Hey college students, you need to be budgeting! And here’s how you can get started.
So you’re probably juggling classes, studying, and maybe even a part-time job and possibly kids. But there’s one more thing you should add to your to-do list: budgeting. I know it can feel overwhelming, especially if money is tight, but trust me, it’s better to start learning how to manage your money sooner than later.
The first thing you need to do is figure out your income. Whether it’s from a job, student loans, or even help from your family, knowing exactly how much money is coming in each month is key. Once you know that, you can break down your expenses—things like rent, food, textbooks, and any other essentials. Don’t forget to leave a little room for fun, too. You want to be realistic and enjoy your college experience, but within limits.
Track your spending regularly. That Starbucks you get every morning, or those little snacks at the shop on the way to class can add up!
Finally, try to put aside some savings, no matter how small. Having a little cushion for unexpected expenses will give you peace of mind.
So, start budgeting now. The financial habits you build now will set the foundation for the rest of your life. Stay smart with your money, and you’ll thank yourself later!
Click here to get my Build Your Budget online course.