Results 1 to 2 of 2
  1. #1
    Deal GURU
    Join Date
    Mar 2007
    Posts
    4,567
    Downloads
    0
    Uploads
    0

    Default What Should I be Spending in Budget Categories?

    What Should I be Spending in Budget Categories?

    Deciding how much money should be allocated to various categories in a family budget depends upon the particular family's income, lifestyle, and financial goals. The following ranges of percentages, however, can serve as guidelines:


    Selected Guidelines for Spending Budget Category Percentage


    Housing 33-35%
    Food 18-25%
    Transportation 7-9%
    Clothing 6-12%
    Medical 6-8%
    Automobile Insurance 2-3%

    Life Insurance 2-5%
    Education 1-2%
    Credit Obligations 12-15%
    Savings 2-10%
    Recreation/Entertainment 2-6%
    Church/Charities 2-10%
    ~*~*~*~*~*~*~*~*~*~*~*~*~*~*~
    All of my posts were transferred from
    the budget101 Discussion list
    ~*~*~*~*~*~*~*~*~*~*~*~*~**~*~

  2. The Following 3 Users Say Thank You to BiggerPiggyBank For This Useful Post:


  3. #2
    Deal GURU
    Join Date
    Sep 2008
    Location
    VA
    Posts
    1,225
    Blog Entries
    11
    Downloads
    0
    Uploads
    0

    Default Re: What Should I be Spending in Budget Categories?

    thought I would bump this up there is some good guidelines in here
    Mdowdy

  4. The Following User Says Thank You to mdowdy For This Useful Post:


 

 

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •