The Hidden Costs of Living Off-Campus
- Don't take on more than you can afford.
- Before you move in, sketch out a monthly budget you can live with.
- Be sure to keep in mind the hidden costs of renting:
- Damage deposit
- Heating
- Water/sewage
- Electricity
- Cable/internet
- Telephone
- Long distance
- Parking/garage fee
|
- Transportation costs
- Late rent fees
- Additional roommate fees
- Rental insurance
- Car insurance
- Household goods
- Pet fees
- Actual moving expenses
|
Print and use the following to create a monthly budget:
| MONTHLY EXPENSES |
|
|
| rent |
|
$ |
| gas |
|
$ |
| water |
|
$ |
| electric |
|
$ |
| garbage |
|
$ |
| telephone |
|
$ |
| cable/Internet |
|
$ |
| renter's insurance |
|
$ |
| groceries |
|
$ |
| dining out |
|
$ |
| household supplies |
|
$ |
| laundry/dry cleaning |
|
$ |
| newspaper/magazines |
|
$ |
| childcare/babysitter |
|
$ |
| medical costs |
|
$ |
| fitness/health club |
|
$ |
| entertainment |
|
$ |
| socializing |
|
$ |
| car payment |
|
$ |
| car insurance |
|
$ |
| parking |
|
$ |
| repair |
|
$ |
| gas for car |
|
$ |
| bus pass |
|
$ |
| books |
|
$ |
| tuition |
|
$ |
| supplies |
|
$ |
| credit card payments |
|
$ |
| incidentals (haircuts, etc) |
|
$ |
| TOTAL EXPENSES |
|
$ |
|
| MONTHLY INCOME |
|
|
| savings |
|
$ |
| financial aid |
|
$ |
| employment |
|
$ |
| parental contribution |
|
$ |
| student loans |
|
$ |
| other |
|
$ |
| TOTAL INCOME |
|
$ |
|
