Ben Skute
Budgeting isn’t just a practice that is reserved for the wealthy. Even if your income is limited while in school, you should make a habit of tracking your spending. All is you need is a simple Excel sheet to monitor your monthly spend on food, alcohol, bills, going out, and other expenses. By tracking your expenses on a month-to-month basis, you can easily track what areas of finance you might need to cut back on. You can also spot trends in your spending habits, and reduce your spending in areas that might be getting out of hand after a few months of additional spending.
Contributors: Tom Blake from This Online World
