GuestFellow
IB Legend
- Messages
- 6,327
- Reaction score
- 784
- Gender
- Male
- Religion
- Islam
Salaam,
Do members have a budget? I do. I thought we might as well exchange methods and ideas. Here's an example:
Person A earns £25,000. This is the layout of the budget:
30% of £25,000 (7500): Bills
20% of £25,000 (5000): Unforeseen expenses
10% of £25,000 (2500): Savings
40% of £25,000 (10,000): Drugs
Of course, the example above is not realistic but that is my method of budgeting. I also keep track of how I spend my money.
Do members have a budget? I do. I thought we might as well exchange methods and ideas. Here's an example:
Person A earns £25,000. This is the layout of the budget:
30% of £25,000 (7500): Bills
20% of £25,000 (5000): Unforeseen expenses
10% of £25,000 (2500): Savings
40% of £25,000 (10,000): Drugs
Of course, the example above is not realistic but that is my method of budgeting. I also keep track of how I spend my money.