Budget Example – Financial Success Program

Using our Financial Budget Success Program concept which states that your expenses should not exceed more than 80% of your nett income is a great way to build a successful financial budget that will help to create your goal of a happy life.

Obviously there are many variables for each individual but often it is nice to just see a guide and so below is an budget example which meets the goals of the Financial Budget Success Program. The data below is based on a single person renting a house who has insurance deductions made at payroll.

Monthly Net Income $2,000
Expense Costs
Rent $700
Gas/Electric $100
Food $200
Car Payment $200
Car Insurance $60
Fuel $200
Cable, Phone, Internet $100
Total Monthly Expenses $1,560

This would leave $440 per month. Following the concepts given in the article we linked to above you will see that we encourage you to dedicate as much of the $440 as possible to savings. We understand that being happy is not just a savings account but being fiscally responsible and secure does help a happy life.

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