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

1 ANSWERS

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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