Monthly Budget Based on Income

Recently I have been thinking a lot about how I should budget out my income so that I get the most out of my money.  This is not a super easy thing to do but I think I have a solid foundation to start a budget with.  The first thing you need to do is determine your monthly income.  Once you figure out your monthly income from all sources you will be able to use that in the figures below.

General

Net Income ( After Taxes )

30% Home
20% Auto
15% Food
10% Travel
10% Shopping
10% Bills
5% Savings
100% Total

Nomad

Net Income ( After Taxes )

20% Home
20% Travel
15% Auto
15% Food
15% Shopping
10% Savings
5% Bills
100% Total

Settled Down

Net Income ( After Taxes )

35% Home
25% Auto
15% Food
10% Shopping
10% Bills
5% Savings
0% Travel
100% Total

*Remember that this is just a guide and you will have to adjust these numbers based on your own situation.

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