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.