Groceries, of course, are an essential expense for every family.
#PERSONAL BUDGET CHART REGISTRATION#
Typically, this budget category includes car payments, registration and DMV fees, gas, maintenance, parking, tolls, and public transit. Regardless of your location or lifestyle, everyone needs to get from point A to point B. For most budgeters, this category is by far the biggest. That includes rent or mortgage payments, property taxes, HOA dues, and home maintenance costs. Housing (25-35 percent)Īnything you pay toward keeping a roof over your head is considered a housing expense.
Your disposable income is what you have available to spend on your home budget categories: housing, transportation, food, utilities, insurance premiums, and other essential costs. Assembling Your Home Budget Categories The Essential Budget CategoriesĪll monthly budgets start with your disposable income-the money you take home from your paycheck after taxes, retirement savings, and other deductions. It also offers suggestions for how much of your income you should devote to each category. This guide reviews a list of budget categories found in a basic household budget. Once you’ve identified your basic budget categories, you can start allocating your spending based on your unique financial situation. The first step involves breaking down your regular expenses into budget categories to get a clear picture of your spending patterns (including areas where you tend to overspend). A well-thought-out budget can help you take control of your finances and use your money with purpose, so you have enough to pay your bills, grow your savings, and still enjoy life today.
#PERSONAL BUDGET CHART PROFESSIONAL#
For this reason, you should consider the appropriateness for the information to your own circumstances and, if necessary, seek appropriate professional advice.At its most basic, a budget is really just a plan for your money. This information is general in nature and has been prepared without taking your objectives, needs and overall financial situation into account. You should obtain professional financial advice before making any financial decision.
Should you apply for any St.George Bank product, we will make our own calculations and we will not necessarily take the results of your calculations using this Calculator into account. It is intended for use by you as a guide only, and not intended to be relied on for the purposes of making a decision in relation to a financial product. The calculator is generic and does not take into account your personal circumstances. The assumptions may not reflect the ways in which our Bank's computer systems work. This calculator model contains a number of assumptions and they are set out in the i button. Consider its appropriateness to these factors before acting on it. This information does not take your personal objectives, circumstances or needs into account.