Monthly
Costs/Budgeting What can you
AFFORD? Monthly bills will include more than just rent! Depending on
your wants and needs (and other monthly expenses), your budget may
include...
- utilities: gas, water, electric
- phone: basic and long distance
- cable: basic and premium channels
- groceries and household supplies
- credit card
- car: payments, insurance, maintenance, or gas
- renter's
insurance
- medical expenses: insurance, etc.
- pets
- school expenses: books, tuition, fees, etc.
- miscellaneous: clothes, car repair etc.
- don't forget ENTERTAINMENT!!
REMEMBER...
A lot of the extras are going to depend on your spending
habits. Budgeting becomes an important aspect of each month and
semester. Conserving energy by turning off lights or the TV will decrease
your bills. We recommend opening a savings account and putting a portion
of your income there every month or your loan money from the beginning of the
semester. This can help out with unexpected expenses and monthly bills
through the whole year! Also, if you have one or more roommates,
your monthly costs can be divided several ways which will also cut down on
monthly expenses.
INITIAL START-UP...
Moving into an new apartment is costly and calls for financial
planning.
Some start-up costs may include:
- Application Fee
- Security
Deposit or First/Last Months Rent
- Pet Fee/Deposit
- Connection Fees (Companies such as telephone, cable, and
electric, will require an initial fee that covers installation and
start-up. These may range from $20 - $50 each.)
- Furnishings
- Cleaning Supplies
Return to
Guide!