March 23, 2025
My First Budget Plan
After a semester in college, I gradually make sense of the importance of money management. Not only for daily consumption,but also for future plan,it’s time to analyse cash flow and make a budget plan.
First, I should know the source of my money.Obviously, a major part of it is from my parents, about 2000RNB($300).In the near feature, i will probably do a part time job,as for its considerable income, about $15,heard from one of my roommates who is a part-time tutor.
Secind, finding where I spend money is also important.Expenditure includes food,$150,clothes and shoes, $50,books and stuff for studying,$50.That means there are $60 left eachmonth,which is very considerable.
As I mention above,subtracting necessary items from my monthly income, there is some money left.How should I use it?Only put it in the bank?Make some investments?Find some ways to spend it?The way I used to is only putting it in the bank. Because the money i saved is not enough to make an investment or the repay is low, and I am not a spendthrift,not wanting to waste money.
Putting the money safely might be a appropriate way now,but what if the deposit exceeds $100,000 or even 1 million dollars after I step into society in the future.Putting the money in the bak sounds a little bit silly.Or like many Chinese people, buy a house?I think I can’t answer the question now.Maybe I still need time to find out the secret of the finance world.
How do you spend your deposit?
My First Budget Plan
¶
After a semester in college, I gradually make sense ofcame to realise the importance of money management.
Not onlyjust for daily consumption, but also for my future plan,s, it’s time for me to analyse my cash flow and make a budget plan.
First, I should know the source of my money. Obviously, a major part of it is from my parents, about 2000RNB($300). In the near feature, iI will probably dowork a part time job, as for itsit is a considerable income, about $15, (I heard from one of my roommates who is a part-time tutor that it is about $15).
I'm kind of guessing as to what you intended for the second part of the sentence, as it became hard to follow.
Some other languages are less strict about this, but you need spaces after your periods in English. Also it helps this site break down sentences.
Secind, finding where I spend money is also important.E My expenditure includes food, ($150,), clothes and shoes, ($50,), books and stuff for studying, ($50.). That means there areis $60 left each month,which is very considerable.
As I mentioned above, after subtracting necessary items from my monthly income, there is some money left. How should I use it?Only Just put it in the bank? Make some investments? Find some ways to spend it? The way Iapproach I am used to is onlyjust putting it in the bank.
Because the money iI saved is not enough to make an investment (or the repayinterest is low), and I am not a big spendthrift,noer, as I don't wanting to waste money.
repayments are what you do on a loan, the money you get on investments is called interest for bank savings accounts, dividends for money paid by companies to shareholders, appreciation for shares etc. going up in value, etc. etc.
Spendthrift's meaning is correct, but it's _very_ old fashioned. More like something you'd read in a book from the 1800s than a word in common use.
Putting the money away safely might be a appropriate waychoice now, but what if the deposit exceeds $100,000 or even 1 million dollars after (I step into society (?) - Meaning unclear) in the future. Putting the money in the bank sounds a little bit silly. Or do I do like many Chinese people, and buy a house? I think I can’t answer the question now. Maybe I still need time to find out the secrets of the finance world.
How do you spend your depositmanage your finances after your bills are paid?
Deposit as a word is pretty strongly tied to bank deposits - this makes it a little weird to talk about spending it, if it's something you're spending, by definition it's not deposited. Usually in these corrections I try not to rewrite too heavily, but this sentence kind of needed it.
Feedback
(I am not a financial advisor, etc. etc.)
A big thing for me with my savings is diversification. I have some in bank savings accounts, some in shares, some in bonds, and also I have a mortgage on a house that is about half paid off. The reason for that is if something goes wrong with one area, you don't want to have all your money tied up in that. Like if you invest all your money in stocks and the stock market crashes, that can be very bad for you. Or if you spend all your money on an investment property, but the increase in value in that property is eaten up by the maintenance costs.
To a certain extent this advice is country specific too - for example, for an Irish person the advice first of all is to max out your pension contribution. This is because pensions have a very favourable tax treatment here, to the point that unless you're Warren Buffet, or get lucky and invest in the next Google, you're probably not going to set up investments yourself that have a better return once tax is considered.
Since it sounds like you're still a student, another thing to consider is liquidity - you might need cash in relatively large amounts from your perspective and won't have much banked in savings initially - like let's say it takes time for you to find work after graduating or you need to move to another city to work. So you probably don't want to start off by locking money into houses or 10 year bonds or other things that might have a high yield, but are pretty hard to sell quickly.
My First Budget Plan
¶After a semester in college, I've gradually make sense ofstarted to understand the importance of money management.
- "My First Budget Plan" is repeated twice, so I removed the redundancy.
- Changed "I gradually make sense" to "I’ve gradually started to understand" to match the past tense of the first part
- The pronoun "I" should always be capitalized in English
Not only for daily consumption, but also for future plan,s, it’s time to analysze cash flow and make a budget plan.
- "Plans" is typically used in this context, as it refers to multiple future goals or ideas.
- In American English, "analyze" is used, while "analyse" is the British spelling. Since the rest of your text seems aligned with American English, I used "analyze."
First, I should know the source of my money. Obviously, a major part of it icomes from my parents, about 2000RNB($300). In the near feauture, iI will probably do a part -time job, as for its considerable income, about $15, heard from one of my roommates who is a part-time tutor.
- The phrase "comes from" is more natural here.
- "Feature" is a typo here, and the correct word is "future."
- The pronoun "I" should always be capitalized in English
- A hyphen should be added in "part time"
- Always put a space after punctuation marks
Seciond, finding where I spend money is also important. Expenditures includes food, ($150,), clothes and shoes, ($50,), books, and stuff for studying, ($50.). That mleans there are $60 leftves $60 each month, which is very considerquite reasonable.
- A simple typo in "Second"
- "Expenditure" is the singular form. Since you are listing different items you spend on, "expenditures" (plural) is the correct word
- I added proper spaces between the amounts and words for clarity: "food ($150)," "clothes and shoes ($50)," and "books and study materials ($50)"
- "Leaves" is more concise and natural than "means there are left." Also, I added a space in "each month."
- "Reasonable" works better here, as it sounds more natural when referring to leftover money. "Considerable" typically implies something large, which may not be the most fitting word for a leftover amount like $60.
As I mentioned above, after subtracting necessary itemexpenses from my monthly income, there is some money left. How should I use it?Only Should I just put it in the bank? Make some investments? Find some ways to spend it? The way I used to is onlymanage it was by just putting it in the bank.
- "Mention" should be in the past tense here since you are referring to something you've already stated.
- "Expenses" is a more appropriate word here when referring to things like food, clothes, and books.
- Rephrasing this as a question ("Should I just") makes it sound more natural.
- "Manage it" makes it clearer that you're referring to how you handle your money. "Was by" makes the sentence flow more naturally in the past tense.
Because tThe money iI've saved is not enough to make an investment or the repayturn is low, and I am not a spendthrift,no and don't wanting to waste money.
- "I" should always be capitalized. Using "I've saved" sounds more natural and indicates the money you have already saved up.
- "Return" refers to the money gained from an investment, which fits your sentence better.
- "Don't want to" is more concise and natural than "not wanting to." The sentence is also made more fluid by removing the second "not."
Putting the money safely might be an appropriate way now, but what if the deposit exceeds $100,000 or even $1 million dollars after I step intoafter I enter society in the future.? Putting the money in the bank sounds a little bit silly. Or, like many Chinese people, should I buy a house? I think I can’t answer theat question now.yet. Maybe I still need time to find out the secret of the finance world.
- "An" should be used before words starting with a vowel sound
- "Enter society" sounds more natural and formal in this context.
- added a question mark since you mentioned "what if"
- $1 million" is the preferred way to write it, and "dollars" is not necessary when the "$" symbol is already used.
- "Bank" was a typo
- Added "should I" to make the sentence a question that fits with the rest of the text.
- "Yet" is more fitting here to imply you're still figuring things out. "That" sounds better than "the" for this sentence.
How do you spend your depositsavings?
It's more appropriate to use "savings" rather than "deposit"
Feedback
Don't forget to put a space after every punctuation mark! Keep writing, you're doing a great job!
Seciond, finding where I spend money is also important. Expenditures includes food, $150, clothes and shoes, $50, and books and stuff for studying, $50. That means there areis $60 left each month, which is very considerable.
Note that I have inserted blank spaces before these words:
Expenditures
$150
clothes
shoes
$50
that
which
(The LangCorrect system has automatically highlighted the inserted spaces in light green.)
Feedback
Be careful of the spacing around punctuation. This is much more important in English than in Chinese.
Add a blank space after each period, comma, etc.
Wrong: I like cats.They are warm,soft,cuddly and entertaining.
Right: I like cats. They are warm, soft, cuddly and entertaining.
My First Budget Plan
My First Budget Plan
¶
After a semester in college, I am gradually makeing sense of the importance of money management.
Not only for daily consumption, but also for future plan,long-term planning, it’s time to analyse cash flow and make a budget (plan).
I put (plan) in brackets because it's not necessary here.
First, I should know the source of my money. Obviously, a major part of it is from my parents, about 2000RNB($300). In the near feature, iI will probably doget a part time job,as for its considerable income, about $15,additional income. I heard from one of my roommates, who is a part-time tutor, that I could make about $15.
Seciond, finding out where I spend money is also important. Expenditures includes food,$150,: $150 for food, $50 for clothes and shoes, $50,and $50 for books and stuff for studying,$50. That means there areis $60 left each month,which is very considerable.
The error here was mostly punctuation and the order of words.
As I mentioned above, subtracting necessary items from my monthly income, there is some money left. How should I use it?Only Just put it in the bank? Make some investments? Find some ways to spend it? The way I used to is only puttingto just put it in the bank.
Don't forget spaces between sentences. It's very difficult to read without them.
Because tThe money iI saved is not enough to make an investment or the repayinterest (?) is low, and I am not a spendthrift, not wanting to waste money.
Putting the money safelyin a safe place might be a appropriate way for now, but what if the depositabout when the account balance exceeds $100,000 or even 1 million dollars after I've stepped into society in the future.? Putting the money in the bank sounds a little bit silly. Or like many Chinese people, should I buy a house?I I don't think I can’t answer the question now. Maybe I still need time to find outlearn the secrets of the finance world.
How do you spend your depositincome?
Feedback
Overall well written, with complex sentences and good vocabulary. Just pay attention to sentence structure, punctuation and spacing and your text will be much easier to read.
My First Budget Plan This sentence has been marked as perfect! |
My First Budget Plan After a semester in college, I gradually make sense of the importance of money management. My First Budget Plan
- "My First Budget Plan" is repeated twice, so I removed the redundancy. - Changed "I gradually make sense" to "I’ve gradually started to understand" to match the past tense of the first part - The pronoun "I" should always be capitalized in English My First Budget Plan |
Not only for daily consumption,but also for future plan,it’s time to analyse cash flow and make a budget plan. Not only for daily consumption, but also for I put (plan) in brackets because it's not necessary here. Not only for daily consumption - "Plans" is typically used in this context, as it refers to multiple future goals or ideas. - In American English, "analyze" is used, while "analyse" is the British spelling. Since the rest of your text seems aligned with American English, I used "analyze." Not |
First, I should know the source of my money.Obviously, a major part of it is from my parents, about 2000RNB($300).In the near feature, i will probably do a part time job,as for its considerable income, about $15,heard from one of my roommates who is a part-time tutor. First, I should know the source of my money. Obviously, a major part of it is from my parents, about 2000RNB($300). In the near feature, First, I should know the source of my money. Obviously, a major part of it - The phrase "comes from" is more natural here. - "Feature" is a typo here, and the correct word is "future." - The pronoun "I" should always be capitalized in English - A hyphen should be added in "part time" - Always put a space after punctuation marks First, I should know the source of my money. Obviously, a major part of it is from my parents, about 2000RNB($300). In the near feature, I'm kind of guessing as to what you intended for the second part of the sentence, as it became hard to follow. Some other languages are less strict about this, but you need spaces after your periods in English. Also it helps this site break down sentences. |
Secind, finding where I spend money is also important.Expenditure includes food,$150,clothes and shoes, $50,books and stuff for studying,$50.That means there are $60 left eachmonth,which is very considerable. Sec The error here was mostly punctuation and the order of words. Sec - A simple typo in "Second" - "Expenditure" is the singular form. Since you are listing different items you spend on, "expenditures" (plural) is the correct word - I added proper spaces between the amounts and words for clarity: "food ($150)," "clothes and shoes ($50)," and "books and study materials ($50)" - "Leaves" is more concise and natural than "means there are left." Also, I added a space in "each month." - "Reasonable" works better here, as it sounds more natural when referring to leftover money. "Considerable" typically implies something large, which may not be the most fitting word for a leftover amount like $60. Secind, finding where I spend money is also important. Sec Note that I have inserted blank spaces before these words: Expenditures $150 clothes shoes $50 that which (The LangCorrect system has automatically highlighted the inserted spaces in light green.) |
As I mention above,subtracting necessary items from my monthly income, there is some money left.How should I use it?Only put it in the bank?Make some investments?Find some ways to spend it?The way I used to is only putting it in the bank. As I mentioned above, subtracting necessary items from my monthly income, there is some money left. How should I use it? Don't forget spaces between sentences. It's very difficult to read without them. As I mentioned above, after subtracting necessary - "Mention" should be in the past tense here since you are referring to something you've already stated. - "Expenses" is a more appropriate word here when referring to things like food, clothes, and books. - Rephrasing this as a question ("Should I just") makes it sound more natural. - "Manage it" makes it clearer that you're referring to how you handle your money. "Was by" makes the sentence flow more naturally in the past tense. As I mentioned above, after subtracting necessary items from my monthly income, there is some money left. How should I use it? |
Because the money i saved is not enough to make an investment or the repay is low, and I am not a spendthrift,not wanting to waste money.
- "I" should always be capitalized. Using "I've saved" sounds more natural and indicates the money you have already saved up. - "Return" refers to the money gained from an investment, which fits your sentence better. - "Don't want to" is more concise and natural than "not wanting to." The sentence is also made more fluid by removing the second "not." Because the money repayments are what you do on a loan, the money you get on investments is called interest for bank savings accounts, dividends for money paid by companies to shareholders, appreciation for shares etc. going up in value, etc. etc. Spendthrift's meaning is correct, but it's _very_ old fashioned. More like something you'd read in a book from the 1800s than a word in common use. |
Putting the money safely might be a appropriate way now,but what if the deposit exceeds $100,000 or even 1 million dollars after I step into society in the future.Putting the money in the bak sounds a little bit silly.Or like many Chinese people, buy a house?I think I can’t answer the question now.Maybe I still need time to find out the secret of the finance world. Putting the money Putting the money safely might be an appropriate way now, but what if the deposit exceeds $100,000 or even $1 million - "An" should be used before words starting with a vowel sound - "Enter society" sounds more natural and formal in this context. - added a question mark since you mentioned "what if" - $1 million" is the preferred way to write it, and "dollars" is not necessary when the "$" symbol is already used. - "Bank" was a typo - Added "should I" to make the sentence a question that fits with the rest of the text. - "Yet" is more fitting here to imply you're still figuring things out. "That" sounds better than "the" for this sentence. Putting the money away safely might be a appropriate |
How do you spend your deposit? How do you spend your How do you spend your It's more appropriate to use "savings" rather than "deposit" How do you Deposit as a word is pretty strongly tied to bank deposits - this makes it a little weird to talk about spending it, if it's something you're spending, by definition it's not deposited. Usually in these corrections I try not to rewrite too heavily, but this sentence kind of needed it. |
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