Question:

When budgeting for your immediate needs, you should divide them into

by Guest62955  |  7 years, 11 month(s) ago

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When budgeting for your immediate needs, you should divide them into

 Tags: budgeting, divide, Immediate

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  1. Victor Strong

     In my opinion, one of the best budgeting experts around is Gail Vaz-Oxlade, author and television host of Til Debt Do Us Part. Her systems says that your money should go to your immediate needs as follows:


    35% - housing (your mortgage and bills related to the house)


    25% - life (gorceries and day to day expenses)


    15% - transportation (your car, insurance and transportation passes)


    15% - debt repayment (we all have a little debt, no?)


    10% - savings (a dollar saved is a dollar earned)


     

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Latest activity: 7 years, 10 month(s) ago.
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