A budget is, simply put, a plan for your money. By tracking income and expenses you can create a plan for your spending and saving.
If you have ever found yourself looking at your bank account and
wondering where your money went, a budget can help. The most common
cause of financial problems is spending more than you are earning. With a
flexible, sensible budget, you can control of your money and avoid
financial stress. It can help you limit spending and ensure there is
enough money to do the things that you want.
Use our budget planning calculator below and/or get help from UW-Stevens
Point's very own School of Business and Economics financial coaching
program - by students, for students. Learn how to better manage your
finances with their help. For more information, click here.
Also, UWSP offers GradReady, a free, interactive, online tool
that offers video lessons, tools and tips to help you succeed
financially, academically, and personally. Paying for College is one of the paths available in GradReady which includes information on budgeting!
What you spend on college will depend as much upon your spending habits as the cost of tuition. For planning purposes it is wise to make a plan or budget that shows an estimate where you may spend money while in school. Below, we have put together several categories where you may plan to spend your money in order to assist you in your planning. Fill in the form below to make your own budget for one full school year. Add categories where necessary and skip those that do not pertain to you. Refer to our
Cost of Attendance page to get the basic tuition, housing and meal figures. The form will automatically add everything up for a good approximation on how much one full year of school may cost. Then, you can adjust your budget accordingly.