Developing a Budget

The first step in your housing search should be to develop a budget. This will give you a clear picture of how much money you have coming in and going out, which will help you determine types of housing to consider and whether you will need roommates. Below are potential costs that you will want to consider when creating your budget.

• Application fee

• Security deposit

• Rent

• Renter’s insurance

• Utilities (Water, electric, WIFI/cable, gas)

• Furniture

• Parking or transportation

• Laundry 

• Food

• Pet deposit/fee is applicable

If you are starting a budget from scratch be sure to include any other monthly expenses or financial goals such as subscription services, entertainment, health/wellness, saving and giving. 

Here are a few free apps and sites that can help you get started with your budget. 

• Mint

• Goodbudget

• EveryDollar

• PocketGuard

• Microsoft Office Templates

• Google Budget n Sheets Template