Video: How to create a college budget in three steps

A young man walks on a college campus with his bike.

Learn how real college students budget for the semester and manage their money.

Building a budget in college is one of the most important things you can do to help your money last you through the semester. What’s a budget? It’s a simple way to match your expenses and savings goals to your income. Creating your college budget takes some planning, tracking, and adjusting, but the time spent can amount to dollars saved in your bank account.

And budgeting doesn’t have to be boring, either — you can still include fun things, like going out for coffee or buying a new pair of shoes, as long as your needs are covered first. Check out what these students have to say about creating and sticking to their college budgets. Then get started on building your budget with this college budget worksheet.

Want to read more about building a spending plan in school?

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