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Instructions
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This worksheet was taken from https://www.canada.ca/en/financial-consumer-agency/services/budget-student-life/student-budget-worksheet.html
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Save this budget file with your name by going to the File menu and selecting Save As. Save the file as Budget - YOUR NAME
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Navigate the budget document through clicking the labelled tabs at the bottom of the screen.
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Click on the EXPENSE Tab.
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Enter your estimated monthly expenses for each applicable expense. Multiple that number to calculate your annual expense for Year 1
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Make changes to your estimated expenses for Years 2 - 4 and add them to the table.
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Click on the INCOME Tab.
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Enter your estimated annual income for each applicable income line. If you are the recipient of another scholarship, be sure to include that information. Multiple that number to calculate your annual income for Year 1
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Make changes to your estimated income for Years 2 - 4 and add them to the table. Things to consider, will you be taking out another loan? Will you use your full RESP in year 1?
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The SUMMARY Tab contains a chart with your expenses and income. You do not need to do anything to this tab.
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Questions?
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Reach out to us at abdel@TIRFrugby.ca!
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