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Monthly expense break down

TetsugenTetsugen Registered User regular
edited June 2007 in Help / Advice Forum
Can someone throw up their monthly expense categories.budget ? I'm trying to figure out my budget this month.

Tetsugen on

Posts

  • mindlarmindlar Registered User regular
    edited June 2007
    Typically budgets look something like:

    Income: some number of dollars coming in
    Expenses:
    • Housing
    • Utilities
    • Food
    • Clothing
    • Entertainment
    • Savings

    Housing expenses are either rent or mortgage payments.

    Utilities includes cable, phone, insurance, gas, water, electric, trash. If you are renting some of these may be included as part of the rent.

    Food is what you spend on groceries. Some include meals out in this category especially if you eat out for lunch most days.

    Clothing is how much you expect to spend on new clothes each month.

    Entertainment is everything that you spend that isn't in the above. Going out for dinner with friends, movies, etc.

    Savings is what you are keeping to create a buffer against a rainy day or saving for the future.

    mindlar on
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