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BUDGETING 101 for College Students Your Money Guide for Getting Through SchoolGoing to college is often the first taste of financial independence that most young adults get. Youre out on your own,
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Start by listing all sources of income, including salary, freelance work, etc.
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Next, make a list of all expenses, including rent, utilities, groceries, and entertainment.
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Categorize expenses into fixed (unchanging) and variable (that can fluctuate) expenses.
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Calculate the difference between income and expenses to determine if you have a surplus or deficit.
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Set financial goals based on your budget, such as saving for a vacation or paying off debt.
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Review and adjust your budget regularly to accommodate any changes in income or expenses.

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