RECOMMENDED PERCENTAGES
I have used a compilation of several sources and my own experience to derive the
suggested percentage guidelines. However, these are only recommended percentages and will change dramatically if you have a very high or very low income. For instance, if you have a very low income, your necessities percentages will be high. If you have a high income, your necessities will be a lower percentage of income, and hopefully savings (not debt) will be higher than recommended.
ITEM ACTUAL % RECOMMENDED %
CHARITABLE GIFTS 10-15%
SAVINGS 5-10 %
HOUSING 25-35%
UTILITIES 5-10%
FOOD 5-15%
TRANSPORTATION 10-15%
CLOTHING 2 -7%
MEDICAL/HEALTH 5-10%
PERSONAL 5-10%
RECREATION 5-10%
DEBTS 5-10%
Printed with permission from THE TOTAL MONEY MAKEOVER by Dave Ramsey
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UPCOMING EXPO
Mt Hood Emergency Expo 2014 is coming!!!Friday May 2nd 11:30 am to 7:00 pmSaturday May 4th, 9:30 am to 6:00 pmThis FREE expo will have over 60 speakers and displays to help you BE PREPARED. Won't you join us?
Sunday, December 11, 2011
BUDGETING
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