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Financial Aid Standard Student Budgets 2017 2018 SANTA ANA COLLEGE(714) 5646242Budget 1: Living with parents / relatives 6 or more unitsBudget 2: Off Campus2 Semester (9 months)1 Semester (4.5months)2
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How to fill out budget 1 living with
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Step 1: Start by gathering all your financial documents, including pay stubs, bank statements, and bills.
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Step 2: Calculate your total income for the month, including any regular salaries or wages, as well as any additional sources of income.
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Step 3: List all your necessary expenses, such as rent or mortgage payments, utility bills, groceries, transportation costs, and insurance premiums.
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Step 4: Subtract your total expenses from your total income to determine how much money you have left for discretionary spending.
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Step 5: Prioritize your discretionary spending by setting aside money for savings, debt payments, and other financial goals.
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Step 7: Review your budget periodically and make adjustments as needed to better align with your financial goals.
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Having a budget in place can also help individuals or families save money, pay off debts, and achieve their financial goals.
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What is budget 1 living with?
Budget 1 living with is a financial plan outlining incomes and expenses for a household.
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Anyone responsible for managing the finances of a household should fill out budget 1 living with.
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Budget 1 living with can be filled out by listing all sources of income and categorizing expenses accurately.
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The purpose of budget 1 living with is to track finances, set spending limits, and prioritize savings.
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Information such as incomes from salaries, investments, and expenses like rent, utilities, groceries must be reported on budget 1 living with.
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