Budgeting is a critical life skill for anyone to have, especially college students. Don't fall into credit traps or live beyond your means.
Introduction to Budgeting
Now that we've learned how to track expenses and income, we can figure out what we're spending our money on each month and establish a budget. We'll be re-using the Excel spreadsheet to figure out how to sum up expenses by category and create different charts. Be sure to learn your SUMIF formula in Excel where the formula is =SUMIF(category range,reference cell,sum range).