Wednesday, October 8, 2014

My College Budget

What was most surprising about my college budget is that I was already in debt by the end of the month! My job did not provide enough money for me to pay of all of my expenses. I actually assumed I was going to be in debt by a few hundred dollars, but not in the thousands! I have been thinking about this and I am starting to get worried about being in debt and borrowing student loans in the future. I have faith in God and myself that I am able to hold all of this responsibility upon my shoulders. There are a lot of expenses to pay for (mostly for everything), but I think I can manage. It will have to take a lot of work to pull off enough money to pay of the debts. I have realized that I may need to look into a higher paying job or apply for a side job so I can earn some more money.  This job gives me a very low income, so I might have to find  summer job or a side job as mentioned before. I can prepare myself for these expenses by saving up the money in my bank account so I can be ready to pay off the high expenses. I also need to ask people who have experiences with budgeting so I will know what to do when handling my money.