Sheet 1: Income Calculator

	
	
	
	
	

		
Income calculator
		


		


		


		


		


		


	
	

		
www.birmingham.ac.uk/funding
		


		


		


		


		


		


		


	
	

		


		


		


		


		


		


		


		


	
	

		
Source of income
		
When are you paid?
		
Amount per year
		


		


		


		


		


	
	

		
Maintenance loan 
(start of each term)
		


		
 £-   
		


		


		


		


		


	
	

		
Grants 
(One-off payment or monthly)
		


		
 £-   
		


		


		


		


		


	
	

		
Awards 
(One-off payment or termly)
		


		
 £-   
		


		


		


		


		


	
	

		
Scholarships 
(One off payment or monthly)
		


		
 £-   
		


		


		


		


		


	
	

		
Parental contributions 
(Monthly)
		


		
 £-   
		


		


		


		


		


	
	

		
Paid work 
(Weekly or monthly)
		


		
 £-   
		


		


		


		


		


	
	

		
Savings 
(Aim to save over the summer)
		


		
 £-   
		


		


		


		


		


	
	

		


		


		


		


		


		


		


		


	
	

		


		
TOTAL YEARLY INCOME:
		
 £-   
		


		


		


		


		


	
	

		


		
MONTHLY BUDGET:
(total yearly income divided by 12)
		
 £-   
		


		


		


		


		


	



Sheet 2: Budget calculator

	
	
	
	
	

		
Budget Calculator
		


		


	
	

		
www.birmingham.ac.uk/livingcosts
		


		


		


	
	

		


		


		


		


	
	

		
Costs
		
Date(s) paid
		
Amount per year
		


	
	

		
Accommodation
		


		
 £-   
		


	
	

		
Bills
		


		
 £-   
		


	
	

		
Food
		


		
 £-   
		


	
	

		
Travel costs
		


		
 £-   
		


	
	

		
Course costs 
(books, printing, field trips, computing equipment, etc.)
		


		
 £-   
		


	
	

		
Special occassions 
(birthdays, Christmas, Diwali, Eid, Hanukkah, Vaisakhi, etc.)
		


		
 £-   
		


	
	

		
Health and well-being 
(gym, dentists, opticians, haircuts, toiletries, etc.)
		


		
 £-   
		


	
	

		


		


		


		


	
	

		


		
TOTAL YEARLY COSTS =
		
 £-   
		


	
	

		


		
MONTHLY BUDGET =
		
 £-   
		
From income calculator
	
	

		


		
MONTHLY COSTS* = 
		
 £-   
		
Total yearly costs divided by 12
	
	

		


		
MONTHLY SPENDING
		
 £-   
		
Monthly budget minus monthly costs = monthly spending money
	
	

		


		


		


		


	
	

		
* Depending on when you pay your bills, these will change from month to month. 
		


		


		


	



Sheet 3: Monthly budget essentials

	
	
	
	
	
	
	
	
	

		
Monthly budget planner: essentials
		


		


		


	
	

		


		


		


		


		


		


		


		


	
	

		


		


		


		


		


		


		


		


	
	

		
Month:
		


		


		
Amount available: *
		


		
 £-   
		


		


	
	

		


		


		


		
*This is your monthly budget, as worked out in the income calculator
		


		


		


		


	
	

		


		


		


		


		


		


		


		


	
	

		
Bills
		
Transport
		
Health and well-being
		
One off costs
		
	

		


		
Cost
		


		
Cost
		


		
Cost
		


		
Cost
	
	

		
Accommodation
		
 £-   
		
Car
		
 £-   
		
Fitness (gym/club)
		
 £-   
		
Special occassions
		
 £-   
	
	

		
Food
		
 £-   
		
Train/bus
		
 £-   
		
Haircuts/treatments
		
 £-   
		
Course costs
		
 £-   
	
	

		
Internet
		
 £-   
		
Taxis
		
 £-   
		
Toiletries/cosmetics
		
 £-   
		
Other
		
 £-   
	
	

		
Phone
		
 £-   
		
Other
		
 £-   
		
Other
		
 £-   
		


		


	
	

		
Gas & electricity
		
 £-   
		
TOTAL:
		
 £-   
		
TOTAL:
		
 £-   
		
TOTAL:
		
 £-   
	
	

		
Water
		
 £-   
		
Difference to predicted budget
		
 £-   
		
Difference to predicted budget
		
 £-   
		
Difference to predicted budget
		
 £-   
	
	

		
TV
		
 £-   
		
	

		
Laundry
		
 £-   
		


		


		


		


		


		


	
	

		
Other
		
 £-   
		


		


		


		


		


		


	
	

		
TOTAL: 
		
 £-   
		


		


		


		


		
TOTAL SPENT:
		
 £-   
	
	

		
Difference to predicted budget
		
 £-   
		


		


		


		


		


		


	
	

		


		


		


		


		
TOTAL LEFT:
		
 £-