I am moving to Salt Lake City, Utah and I need to find out how much extra money I need to have in order to eat etc. I am on a basketball scholarship and I get a certain amount of money each month but I dont know if Im going to need extra.
Please Help
***budget planners or help are great, any websites?How can I find out a budget plan for Salt Lake City Utah from a fixed amount of income?
Congratulations on your scholarship and being smart about managing your money! Here is a possible plan:
-Make a list or spreadsheet of your current monthly costs. Don't forget to include annual, semi-annual or irregular costs such as renters insurance, travel, books, etc. by breaking them down on a monthly basis and including that cost in the list. Allow at least a few dollars (10 - 20% of the monthly total would be great) a month for savings in case of unplanned expenses, emergencies, etc. Additional suggestions can be found at http://money.cnn.com/magazines/moneymag/鈥?/a>
-research on http://cgi.money.cnn.com/tools/costofliv鈥?/a> http://relocationessentials.com/, http://epodunk.com/, http://monster.moving.com/relocation-cen鈥?/a> etc. to determine cost of living and other differences. Add or modify the monthly budget items from above to come up with a revised budget that reflects expected costs in Salt Lake.
Good Luck!
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