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Budget Percent Calculator

Budget Percent Calculator
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.

Enter your net-income for whichever period of time you would like to translate the percentages into:
Expense Range Low End High End
Charitable gifts 10-15%
Saving 5-10%
Housing 25-35%
Utilities 5-10%
Food 5-15%
Transportation 10-15%
Clothing 2-7%
Medical/Health 5-10%
Personal 5-10%
Recreation 5-10%
Debts 5-10%
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Pinnacle Peak Lending, Inc.

AZ MB# 0910138
NMLS# 155732

8655 E. Via de Ventura
Suite F-162
Scottsdale, AZ 85258

Office: 480-538-5333
Fax: 480-538-5391

info@pinnaclepeaklending.com
Pinnacle Peak Lending, Inc. BBB Business Review

    

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