Question

Please create a monthly (or semester) cash flow budget that would seem appropriate for a college student.

Answer 1

A cash budget is basically a plan of estimated cash inflows and outflows during a specific period. It is a very useful planning tool, so that one can know his financial position for specifit time in future. I am uploading both image format and table format for youe convenience.

Student Name
Cash Budget
For the Four Months Ending December 31
	September	October	November	December
Estimated cash receipts from:
Part-time job	$     800.00	$   800.00	$   800.00	$            800.00
Rent Deposit				$            400.00
Pocket Money - Parents	$     200.00	$   200.00	$   200.00	$            200.00
Scholarship			$3,000.00
Total cash receipts	$ 1,000.00	$1,000.00	$4,000.00	$         1,400.00
Less estimated cash payments for:
Season football tickets	$       90.00
Additional entertainment	$     220.00	$   220.00	$   220.00	$            220.00
Tution	$ 3,500.00
Rent	$     310.00	$   310.00	$   310.00	$            310.00
Food	$     180.00	$   180.00	$   180.00	$            180.00
Rent Deposit	$     400.00
Library	$     150.00	$   150.00	$   150.00	$            150.00
Books	$     120.00		$      90.00
Total cash payments	$ 4,970.00	$   860.00	$   950.00	$            860.00
Cash increase (decrease)	$-3,970.00	$   140.00	$3,050.00	$            540.00
Plus cash balance at beginning of month	$ 6,470.00	$2,500.00	$2,640.00	$         5,690.00
Cash balance at end of month	$ 2,500.00	$2,640.00	$5,690.00	$         6,230.00