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Prepare your income and expense report and let your parents know how much you saved up or you have spent in a particular period of time say 6 months at the end of the semester, You can also analyse by preplanning your expenses and prepare a dummy report by using the budgeted entry option which shows your projected incomes and expenses as well, by using which you can plan your coming days at school in much more organized manner and also you can avoid situations where you are completely broke.