Money Management / Budgeting
Managing one’s money is one of the building blocks of an independent life. The College Internship Banking Program is centered around teaching practical money skills for students who will be living on their own.
We will train you to be responsible for your own expenses, to understand the principle of budgeting and to be accountable for the paying of your monthly bills.
In the Program, you will receive personal guidance each week in one or all of the three main areas depending upon your level of financial management skills:
- Filling out various banking forms
- Budgeting your funds
- Paying bills
- Reconciling your bank register with the printed bank statement and the online register
Here are some of the technical points you will cover:
- Weekly receipts, paychecks and bills
- Deposit and withdrawal slips
- ATM/Debit card use
- Budget for weekly needs
- Budget for long-term items or trips
- Log of weekly expenses using Excel budget form
- Online banking