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$500 Budget 
Why I allocated my budget the way I did.
Cellphone 
I allocated $60 per month for my cell phone 
because I believe it is a necessity. I use my phone 
constantly throughout the day and I need it to find 
a job as employers call to schedule interviews.
Bus Pass 
I allocated $34 per month to a buss pass because 
it is important to have transportation and $34 is 
the cost of a student bus pass in Kamloops.
Food 
I allocated $200 per month to food because food 
is a necessity and I believe that $200 per month 
would be plenty to feed myself.
Clothing 
I allocated $40 per month to clothing because I 
like getting some new clothes once in awhile and 
clothes have to be replaced when they are ripped 
or stained.
Savings 
I allocated $70 per month to savings because it is 
important to save money for emergencies and 
your future.
Entertainment 
I allocated $75 per month to entertainment 
because my friends and I enjoy going to the 
movies or bowling often.
Other 
After I allocated all of my budget I had $21 left 
over so I allocated it to other.

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$500 budget

  • 1. $500 Budget Why I allocated my budget the way I did.
  • 2. Cellphone I allocated $60 per month for my cell phone because I believe it is a necessity. I use my phone constantly throughout the day and I need it to find a job as employers call to schedule interviews.
  • 3. Bus Pass I allocated $34 per month to a buss pass because it is important to have transportation and $34 is the cost of a student bus pass in Kamloops.
  • 4. Food I allocated $200 per month to food because food is a necessity and I believe that $200 per month would be plenty to feed myself.
  • 5. Clothing I allocated $40 per month to clothing because I like getting some new clothes once in awhile and clothes have to be replaced when they are ripped or stained.
  • 6. Savings I allocated $70 per month to savings because it is important to save money for emergencies and your future.
  • 7. Entertainment I allocated $75 per month to entertainment because my friends and I enjoy going to the movies or bowling often.
  • 8. Other After I allocated all of my budget I had $21 left over so I allocated it to other.