1. UNACCOUNTED FOR CASH AND ITS AFFECT ON BUDGETING MENTOR: CRAIG ISRAELSEN, Assistant Professor-Consumer and Family Economics University of Missouri-Columbia STARLA GREEN

2. ABSTRACT This study attempted to discover the correlation between monthly income and expenses among students at the University of Missouri. On average, those surveyed tended to overextend themselves by a larger dollar amount as the frequency of overspending increased. What constitutes this as an important finding is that this practice could lead to problems such as chronic indebtedness or bankruptcy.

3. BUDGET a record of anticipated income and planned expenses. a plan on how to spend or use a resource.

4. UNACCOUNTED FOR CASH money that just “disappears” without a trace. merchandise paid for by cashed checks, ATM withdrawals, and credit card cash advances.

5. SAMPLE DESCRIPTIVES Size 119 Age 21.61 Grade 2.98 Gender.68 Status 1.04 Credit Hours 13.61 Hours of Employment 23.69

6. FORMS OF INCOME Cash, Credit Cards, Checking/Savings Accounts, Cash off Credit Cards

7. ANALYSIS OF EXPENSES AND INCOME

8. ANALYSIS OF EXPENSES

9. ANALYSIS OF EXPENSES AND INCOME

11. CONTINUED RESEARCH OBJECTIVES Determine the means of how unaccounted cash is spent credit cards ATM withdrawals cashed checks cash advances off credit cards