Looking at the image, I can see two tables:
1.
College Student Budget Template (left side) - This shows income and expenses broken down by semester
2.
College Expense Estimator (right side) - This lists various monthly expenses with amounts and whether they should be added to total
The question appears to be asking about the "TOTAL NEEDED EACH MONTH" which is shown as
$595.00 in the College Expense Estimator table.
Let me verify this calculation by adding up all the expenses marked "YES" in the "ADD TO TOTAL?" column:
- Food (main meals): $95.00 ✓
- Food (snacks, coffee, etc.): $25.00 ✓
- Medical expenses: $50.00 ✓
- Clubs/Organizations: $10.00 ✓
- Entertainment: $50.00 ✓
- Hygiene: $20.00 ✓
- Haircut/manicure/pedicure: $10.00 ✓
- Parking: $15.00 ✓
- Car Payment: $175.00 ✓
- Gas: $50.00 ✓
- Other transportation: $15.00 ✓
- Computer supplies: $10.00 ✓
- Emergency money: $30.00 ✓
- Other: $10.00 ✓
- Other: $30.00 ✓
Adding these up:
$95 + $25 = $120
$120 + $50 = $170
$170 + $10 = $180
$180 + $50 = $230
$230 + $20 = $250
$250 + $10 = $260
$260 + $15 = $275
$275 + $175 = $450
$450 + $50 = $500
$500 + $15 = $515
$515 + $10 = $525
$525 + $30 = $555
$555 + $10 = $565
$565 + $30 = $595
The calculation matches the stated total of $595.00 per month.
Final Answer:
$595.00
Parent Tip: Review the logic above to help your child master the concept of financial planning worksheet excel.
