Saturday, September 27, 2014

My Personal 60/40 Budget

My Needs and My Wants: 60%
Housing 20%
Utilities (including cable,  phone and internet) 10% 
Tithes and Offerings 10%
Recreation 5%
Food 5%
Personal 5%
Clothing 5%

My Savings: 40%
Emergency Fund 10%
Savings Roth IRA 25%
Tuition 5%

Car/Transportation 0% (Commuter Check is taken out pre-tax)

This works fine for me.  I tried the Save 50 Club but I just can't get it work in my budget.

11/17/2014 UPDATE: I'm in the Save 50% Club, I made it Mom!

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