Budget Percent Calculator
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Here are suggested percentage guidelines based on net income compiled by Dave Ramsey, author of Financial Peace (Viking, 1997, $21.95) which he says are only recommended percentages and will change dramatically if you have a very high or very low income. For instance, if you have a very low income your necessities percentages will be high. If you have a high income, your necessities will be a lower percentage or income and hopefully savings (not debt) will be higher than recommended.
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Enter your net-income for whichever period of time you would like to translate the percentages into:
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Expense
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Range
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Low End
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High End
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Charitable gifts
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10-15%
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Saving
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5-10%
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Housing
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25-35%
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Utilities
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5-10%
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Food
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5-15%
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Transportation
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10-15%
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Clothing
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2-7%
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Medical/Health
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5-10%
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Personal
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5-10%
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Recreation
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5-10%
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Debts
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5-10%
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Budget Percent Calculator, Copyright © 1999 - 2011, Daniel C. Peterson, All Rights Reserved. Web Winder Website Services, Providing Online Calculators for Websites since 1997.
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