Build Your Budget

Step 1: Your Monthly Income

Part-Time Job ($)

Scholarships / Bursaries ($)

Family Support ($)

Student Loans (monthly portion) ($)

Other Income ($)

Total Monthly Income: $0.00

Rent / Housing ($)

Groceries ($)

Transportation ($)

Utilities ($)

Phone Plan ($)

Textbooks / Course Materials ($)

Health / Medications ($)

Other Essentials ($)

Total Needs: $0.00

Dining Out / Takeout ($)

Coffee Shops ($)

Entertainment / Streaming ($)

Shopping / Clothing ($)

Gym / Fitness ($)

Social / Going Out ($)

Subscriptions ($)

Other Wants ($)

Total Wants: $0.00

Emergency Fund ($)

Extra Debt Payments ($)

Investing / TFSA ($)

Goal Savings ($)

Total Savings: $0.00

Congratulations — you have built a personalized budget! Here is how what you have learned connects:

Income vs. Expenses gave you the framework for understanding your money flow.
Tracking showed you how to monitor daily spending and stay aware.
Budgeting Traps armed you against the psychological pitfalls that derail budgets.
The 50/30/20 Rule gave you a simple ratio to guide your allocation.
This budget is your personalized action plan. Check in every week and adjust as needed.