Money Management & Monthly Budget Worksheet

The U.S. Department of Education has budget resources to help students manage their finances to achieve their academic and financial goals.

Good Habits For A Sound Financial Future

• Not all loans are alike, know the differences and borrow wisely.
• Budget your money just as carefully as you budget your time; put yourself on a monthly budget and stick to it.
• You only need one credit card and it should only be used in emergencies.
• Get in the habit of saving even if you can only save $5 per month.
• Keep accurate records of your total debt and minimize it.
• Don’t start living the lifestyle of a health professional until you’ve completed your training!
• Plan now for the financial future you want.
• You may not be offered as much money as you expect when you graduate, so plan accordingly by estimating now what your discretionary (after-tax) income will be after school.
• You are investing in your future; make sure the benefits of the investment exceed all the costs.