Consideration of your student allowance and or salry draw up a monthly personal budget and saving plan?

Monthly Personal Budget:

Income:
- Student allowance/salary: $1000
- Total income: $1000

Expenses:
- Rent: $400
- Utilities (electricity, water, internet): $100
- Groceries: $200
- Transportation: $100
- Entertainment: $50
- Miscellaneous expenses: $50
- Total expenses: $900

Savings:
- Emergency fund: $50
- Savings account: $50
- Total savings: $100

Remaining balance: $0

Saving Plan:
- Aim to save at least 10% of your income each month
- Set specific savings goals, such as saving for a vacation or a new laptop
- Track your expenses and adjust your budget as needed to meet your savings goals
- Consider setting up automatic transfers to your savings account to make saving easier
- Look for ways to increase your income, such as taking on a part-time job or freelance work, to boost your savings potential.