I’ve wrote at length about my commitment to budget during school.
Here is my projected school budget.
|School living expenses predicted||School Actual|
|personal savings rate:|
This is comfortably under my goal max budget of $1429/month! Let’s hope this good plan will carry me through!
It’s pretty important to me as I will be financing my living through school primarily through credit.
If I can keep to my goal max budget, that translates into
$17 148/year and
$51 444/3 years of debt
Just for living expenses.
My loan will be at a decent rate of prime for the duration of my studies and training, but it’s still a loan!
Hopefully thinking about how I will get charged 3% interest immediately plus the cost of whatever I buy will help me think about whether I need something or not during school.