• Home
  • Personal Finance
  • Investing
  • Business
  • Career
  • Consumer
  • Debt
  • Lifestyle
  • Retirement
  • Taxes

Personal Finance News

Latest News About Personal Finance

  • Blogger Net Worths
  • Top Personal Finance Blogs
  • Blogroll

How to Create the Perfect Budget

February 16, 2016 Leave a Comment

Having a budget that works can make your life simpler and work wonder for your mental health. “But that’s easier said than done if you’re constantly grappling with debt and living paycheck to paycheck,” said Geoff Williams at US News. However, drawing tips from the experts, here’s how to create the perfect budget. First, start by writing down your take-home pay. Then, pay yourself first by subtracting savings for retirement, emergencies, and other goals. Next, deduct rent or mortgage payments, plus any other recurring expenses like utilities, food, and credit card payments. Keep in mind that most single Americans spend about 36 percent of their budget on housing, 12 percent on food, and another 16 percent on car payments, gas, and maintenance. If you’re overshooting in a category, look for opportunities to save. To keep your budget on track, consider that the money you’ve parceled out to different categories is already spent. (usnews.com)

Related

Leave a CommentCancel reply

Must Read

  • What's the Recommended Temperature for Vacant Home in Winter?
  • How to Reach a Live Person at IRS to Resolve Tax Problems
  • Lost Passwords Lock Millionaires Out of Their Bitcoin Fortunes
  • How One Employee Got Away After Stealing $103 Million
  • How to Refinance a Paid Off Car
  • Two-Thirds of Americans Live Paycheck to Paycheck
  • Professional Panda Cuddler as the World's Best Job for $32,000 per Year
  • John Bogle Net Worth
  • Amazon Cash: Now You Can Pay With Cash on Amazon
  • The Best Day of the Week to Buy Mutual Funds

Recent Posts

  • 47% of Americans Say Achieving Retirement Security Will Take a Miracle
  • Which Cryptocurrency Should You Invest In?
  • Apple Launches Apple Card’s Savings Accounts With 4.15% Interest Rate
  • More Americans Are Using ‘Buy Now, Pay Later’ Services To Pay for Groceries
  • 5 Tips To Get The Best Value On An Insurance Policy
  • 61% Now Living Paycheck to Paycheck
  • 36% Earning $100,000 or More Living Paycheck to Paycheck
  • Two-Thirds of Americans Live Paycheck to Paycheck

Connect With Us

  • Facebook
  • Twitter
Home · About · Terms · Privacy · Contact · Copyright © 2025 · Personal Finance News