The following list provides you with a rough idea of what percentage of your income you can expect to put towards the various areas of your life.
If you live in an area where transportation, rent or mortgage repayments are higher than normal, you may want to adjust your budget to suit. Also, if you would like to add another section, such as one for gifts, then you'll need to subtract from another area.
- 30% Housing
- 18% Transportation
- 16% Food
- 8% Miscellaneous
- 5% Clothing
- 5% Medical
- 5% Recreation
- 5% Utilities
- 4% Savings
- 4% Other debts