Developing a Spending Plan
Identify Your Goals
Track Your Expenses
Get it Down on Paper
Adjust the Plan According to Your Reality

Spending Plan Components
Income

Expenses

Fixed
Flexible
Extras


Expenses
Almost everything costs money! Expenses are the cost of things that you must pay for in order to live, eat and go to college. Some expenses are fixed, meaning that they are determined by outside sources and you have little or no control over them. However, many expenses are flexible which means you have more options and can make choices that can affect your financial situation. And of course there are always the extras which are the things you spend your money on after everything else is taken care of.

It is important to understand and identify all the expenses that you currently have and will encounter when attending college so that you can make good choices and plan for the future.

 

 

 

 

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