Take Home Monthly Income vs Budget

by Raghu on October 23, 2011

I came across this Take home Income vs Budget for various monthly expenses.

I really haven’t calculated as per following spending percentages, but it should be easy to pull the data from Mint.com

  • Housing or Rent – 20 to 35%
  • Utilities – 4 to 7%
  • Food – 15 to 30%
  • Home Needs – 2 to 4%
  • Medical – 2 to 8%
  • Transportation – 6 to 30%
  • Shopping – 2 to 10%
  • Savings – 10 to 15%

Housing or Rent

  • Mortgage or Rent
  • Property Tax
  • Home Improvement
  • Home insurance

Utilities

  • Water and Sewer
  • Electricity
  • Gas
  • Telephone
    • Landline
    • Cell Phone
  • Internet
  • Cable TV (or Satellite)
  • Law and Garden

Food

  • Groceries
  • Dinning Out

Home Needs

  • Personal Care
  • Laundry
  • Toiletries

Medical

  • Doctor visits
  • Hospital Bills
  • Medicines

Transportation

  • Car Loan
  • Auto Gas
  • Auto Insurance
  • Maintenance and Repair

Shopping

  • Clothing
  • Entertainment
  • Travel
  • Electronics

Savings

  • Savings Account
  • Stocks
  • Fixed Deposits

Did I cover all the expenses? I could have missed few, if you find one that is missing, speak up in comment below.

 

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