Google College Student Budget Template
On February 25, 2026 By newsroom Topic: Saving And Investing Money
Overview
- Total Income (2 Semesters): $6,400
- Total Expenses (2 Semesters): $3,358
- Balance Remaining: $3,042
Income Breakdown
- Salary/Wages: $1,600
- From Parents: $1,000
- Student Loans: $1,500
- Scholarships: $400
- Grants: $1,000
- Financial Aid: $500
- Transfer from Savings: $400
Expenses Breakdown
Home & School ($1,673)
- Tuition: $1,500
- Fees (Class, Labs, Clubs): $25
- Housing/Rent: $40
- Food Plan: $44
- Dorm/Room Furnishings: $20
- Textbooks: $15
- Internet: $29
Transportation ($700)
- Car Payments: $250
- Auto Insurance: $100
- Fuel: $250
- Registration/License: $100
Daily Living ($450)
- Groceries: $250
- Dining Out: $100
- Salon/Barber: $100
Entertainment ($450)
- Netflix/Hulu: $250
- Concerts/Plays/Events: $100
- Sports: $100
Health ($85)
- Student Health Insurance: $65
- Gym Membership: $20
Summing it up
- Surplus: The budget leaves a significant balance of $3,042 after accounting for income and expenses.
- Transportation: High cost attributed to car payments and fuel ($700).
- Entertainment: $450 spent on non-essential items like streaming services and events.
- Opportunity for Savings: Adjusting entertainment and dining out could boost savings further.
Actionable Tips
- Trim Discretionary Spending: Consider reducing entertainment and dining out budgets to free up funds.
- Reassess Transportation Costs: Evaluate if car-related expenses are essential; alternatives like carpooling or public transit might save money.
- Boost Emergency Fund: Allocate the surplus towards a savings buffer or future tuition payments.
