Budget Summary Printable

Last week we shared a budget tracker printable for you guys to help you track your expenses and achieve your finance goals. Today we are sharing another budget printable to help you along your budgeting journey! This printable is a budget summary, a more condensed version of the budget tracker, highlighting the important points of the tracker. 

This would be great to hang up near your desk or on your fridge so at a glance you can see where you are for the week or month. The more detailed tracker could be for your files/paperwork to reference back to at the end of the week/month to see if you’ve stayed on budget. 

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Budget Tracker Printable

Saving money…. two words that are easier said than done. It seems so easy in theory/in our minds to save money on things, whether it’s only going to get coffee two days a week instead of three or four, or not buying that super cute top but saving that money to put towards student loans. But thinking about budgeting and actually sitting down to figure out the numbers and implement your budget are two totally different things. 

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Credit Score Factors & How to Manage Them Responsibly

Credit has a big impact on our lives. Credit score numbers give you buying power or leverage or it can also take away that power.

Your score is such an important number and it becomes available to us as soon as we turn 18. I can tell you that at 18, I was not ready to hold that much power over my future.

Your credit score is a number that determines your financial eligibility and responsibility to pay back loans. Sounds easy enough, but at 18 you want more than you can afford and once you get into credit card debt, it’s much, much harder to get yourself out.

Unfortunately, credit cards are many times a necessary evil to help grow your credit. Because at 18, you have no credit, but need it for everything. You need a new car? Then you need credit. Need additional and maybe nontraditional student loans? Credit helps determine that too.

With this number affecting your purchasing power in the future, it’s important to know the factors and how to manage them responsibly.

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Budgeting On A College Dime

The real world is expensive. There are so many things you have to pay for, like everything!

Budgeting is a great concept. Almost everyone understands how to do it, but the budgeting practice, well, that’s a story of its own. It’s hard to budget on a meager amount of money. Everything is so expensive! OR nothing you really want anyway! Even your basic needs are expensive: food, clothing, toiletries, and household items. I’ m not even talking about designer products, either. These are just your basic of the basics.

So do you want to know how to budget on a college dime? Here are 3 tips to help keep your budget in check.

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Traveling on a Budget

The joy of traveling is something many people share in. After high school, the world opens up and new opportunities present themselves. You head off to college or find a job, and suddenly, your options of things you can do in life are endless. The world really does begin to feel like a blank canvas, waiting for you to discover.

While many opportunities open up, traveling soon becomes a focal point for many. Going off to see the world is more common, or even just trips nearby to visit friends and family on your own. However, one of the biggest things stopping people from traveling is the lack of funds. Whether you’re working on paying off loans or trying to afford living expenses, there is still a way to save money to be able to travel!

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Saving money before having a full time job or a career can sometimes be frustrating and stressful. However, by taking time to make a few short changes to your money-saving routine, you could be well on your way to saving money before your career!

1.  Keep track of your spending.
Use a check register aka your checkbook table or use a spreadsheet. This may sound a little old school, but it’s a sure way to know exactly how much you have spent at any given time. It’s also a good way to consciously know how much you can spend and how much you have saved. Take the time to record each purchase, withdrawal, and expense. This could save you in the long run!

2. Use Cash
Instead of running a large credit card bill each month, try using cash. This way, when you run out of cash, you can’t spend any more.

3. Budget, Budget, Budget
Split your money in to thirds. Get third to save, a third to spend, and a third for bills/dues. Portion out your money on a spreadsheet or document and tape it up to your wall. The visibility of your budget will remind you of your spending/saving budget.

4. Have a Goal in Mind
“This week I will save an extra $30 in my account.” With a money-conscious goal for saving money, you have something to stick with and work towards. Make sure your goal is attainable for your budget and it’s something you can achieve. You’ll feel so accomplished reaching your goal and want to beat it the next time!

5. Savvy-Shopping
Limit yourself to one or two big purchases a month. That purse you really wanted? Save up your money and make the purchase! For other things you want to buy, look for sales or coupons. Have a clothing swap with friends or head to a second hand store such as Plato’s Closet. The clothes may not be brand new, but you will probably be able to find some clothes for a fraction of the price you normally would pay for them. And besides, you were only going to wear that blouse a few times, right?!

6. Use a Piggy-Bank
Have a cute piggy bank? Make it a habit to dump all your loose change into the bank each day. Watch as your loose change adds up. When the bank is full, take it to a Coinstar or bank to exchange for cash. Voila!

7. Dinner Out?!
Yes! Go ahead and spend the money on a dinner with friends! When you’re looking at the menu, choose meals which are on the cheaper side, and stick to water with your meal. You’re saving the $2.50 on a fountain drink or soda and that adds up! This works the same way as buying coffee each week from your favorite coffee vendor. If you have a coffee-addiction, {try to} limit yourself to one or two drinks a week, or better yet, try to make some of the drinks at home! A Starbucks drink can range up to $5, and totaled up, each week that could be a pretty penny. Think of the money you could save!

8. Rewards Programs
If you are still interested in having coffee each week, try a rewards program. Rewards programs are actually more common than you may think. Smaller boutiques and even larger chains have reward systems which could really benefit you in the long run. For instance, use Cartwheel at Target, or Shopkick to gain Kick points to use later on for a gift card of your choice. Often, these reward programs will give you coupons as well.

Money saving doesn’t have to be stressful. By taking steps to save money, you are becoming more money-conscious! Have any money-saving tips?

Leave your answers in the comments below!