The go-to money guide for cash-strapped college students

Creating a budget in college can help you understand where your money goes each month, which is a good first step to take when you’re learning to manage your finances., traveling and saving money for future milestones like moving to a new city after college. While you may have fewer expenses during college, it’s still a good time to start tracking your money and setting the foundation for future financial success.

The budget you create in college can help you throughout your 20s and beyond. Plus, once you get the budget set up, the bulk of the work is done. You’ll only need to makeYou can create a budget in a variety of ways, from using a budgeting app that connects to your bank accounts to making a spreadsheet with an online template. Whichever method you choose, remember to stick to it and hold yourself accountable.

If you're an hourly employee and your hours vary from week to week or month to month, try to figure out an average amount that you can generally count on each month. It's better to go with a lower number, so you don't risk overspending.Next, you'll want to list all of your monthly expenses, including: school supplies , rent or room and board, groceries, dining, travel, monthly streaming subscriptions and transportation.

For any categories where your spending varies from month-to-month, you'll need to do some math to determine the average monthly cost. The calculation is pretty simple: Add up three months worth of spending for an expense and divide by three.The last step in your budgeting process is to compare all the information you gathered and make sure the numbers work out.

If you can't afford your lifestyle, it's time to make adjustments. While you can consider ways to make more money, like picking up more hours at work, you should also think about ways you can cut costs.

Cash strapped because they either spent their money on parties and beer or got a degree in primitive cultures ... that now qualifies them to work at MacDonalds

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