3+ Student Budget Worksheet Templates – PDF

Budgeting is a big part of a person’s adult life in any setting. It is a detailed breakdown of the allocated expenses for more important things like food, water, electricity, and internet. The budget organizes the money earned or given by other parties. It is something that should be balanced and done carefully. Budgeting does a lot of miracles when it comes to saving money for emergency expense samples.

Everyone needs to learn how to budget their money, despite the social status and situation. For students, budgeting is something that they should not take for granted. Parents should get them started in learning how to budget money at a young age. Students should be able to use their money the right way, regardless of being given a weekly allowance or working on a part-time job.

Here are some steps for students when it comes to saving money.

1. Minimize the use of credit cards

For students who have credit cards, consider lessening its usage for your own welfare. While credit cards can save your life, spending more of what you have can bury you in debt. For those who don’t have credit cards, avoid overspending on stuff that you don’t need.

2. Set aside money for important bills.

Students, especially in college, pay rent and tuition fee. These are two of the most important allocations of a student budget. You have to set aside a big portion of your money for this. Some important bills to be paid are internet, food and other kinds of school fees.

3. Curb consumption of fast foods

It’s okay to have some fast foods sometimes, but consuming it on an almost daily basis will make a big dent in your budget. If possible, buy groceries and cook your own food to save some money. The amount of money you spend for grocery is much cheaper than all your fast food purchases combined.

4. Buy used textbooks or find cheaper ones

There are many bookstores selling used textbooks at a cheaper price. Some are offering the same titles at a cheaper price as well. Buying used ones will save you from getting the new textbooks which are sold at a more expensive price. If you have used textbooks, you can sell them at the end of the term and use that money for savings or buy new ones. You may also see student budget templates.

5. Split “needs” and “wants”

The tendency of a person having so much money in his hands is he buys what he wants than what he needs. In budgeting, you have no choice but to split both. Buy what you need first and sacrifice what you want. Your wants can come after while the needs are what you can use on a daily basis.

Budgeting is a difficult task to do, but it has some benefits that we can’t take for granted. Since this is the most basic tool in managing our money, it takes a lot of time and thinking about how things should be done. You may also see printable budget worksheets.

The benefits of budgeting include some of the following:

1. Make the most out of financial limitations

By having a limited amount of money in your hands, you will be able to make the most out of it when you start budgeting. It will help you think which aspects are worth spending money on and which ones can be sacrificed. Since there is a limit, you would feel guilty for going beyond your budget. Being under a financial limitation makes you aware of what you can do with your money. You may also see simple budget worksheets.

2. Gain better control over money

Budgeting enables you to gain control over your money. You spend what needs to be spent on and save the extra money to your piggy bank. It saves you the total headache of having to find funds when there is a lack of it. A budget lets you know where your money comes from and where it goes. It also tells you to what you can afford and what is really important. It gives your money the right direction to go. You may also see free budget templates.

3. Helps organize costs

By categorizing your money into its individual expenditure, you can come up with an organized budget. At the end of all these budgeting, you now have a clear layout of where to spend your money. Keeping a budget allows you to make some adjustments when the need arises. You may also like monthly budget templates.

4. Saves the grief from overspending

We all know that spending a lot of money is a trap. A budget keeps this from happening. It will make you aware of what you can spend on and keep you from spending too much. This will save you the grief and guilt of overspending your money. It’s hard to find the extra funds once you spend beyond the maximum limit. You may also see student budget templates.

5. Save for expected and unexpected circumstances

The good thing a budget can do is it allows you to save some money for expected and unexpected happenings, such as death an accident. As these two are pretty unexpected, the amount allotted for these will be accumulated as you do your budget repeatedly over time. It gets higher and higher, and while we pray for anything bad not to happen, it is better to be prepared for situations like these. You may also see college budget templates.

6. Makes you picture out possible situations

As you budget your money, it will also make you see the possible situations that may arise. The situations are going to urge you to allocate some amount of money for it. It helps you make adjustments to what could be the problems that can happen in the future. You may also like budget sheet templates.

7. Be wiser in spending money

Learning the ropes of budgeting is a good way to become wiser in spending money. It will make you think of ways to spend it carefully, no matter how big or small the amount may be. Budgeting gives you a lot of lessons in saving and spending money that you can’t learn in the classroom or from other people. You may also see simple monthly budget worksheets.

Here are some budgeting templates for students.

Student Budget Worksheet

Student Budget Worksheet


Sally Student’s Sample Budget




College Student Budget Worksheet



It’s good to get students into budgeting while they are still in school. It instills a value of resourcefulness and discipline in handling money in them. Money is a hard earned and it should be spent as carefully as possible. You may also see yearly budget templates.

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