How do you plan your INCOME in managing life?
By umadper
@umadper (947)
India
July 15, 2011 8:12am CST
I try to do like this-NET INCOME AFTER TEX DEDUCTIONS.
1] 10% House Rent.
2] 15% Groceries and Food items.
3] 20% on children Education.
4] 30% Savings for Future.
5] 5% To charity
6] 10% Entertainment and tours.
7] 10% Clothes,cosmetics etc.
What about you...
1 person likes this
1 response
@SomeCowgirl (32191)
• United States
15 Jul 11
Well I don't make nearly enough to divide it out yet and when I do it'll be more likely "savings vs spending" which means I'll just spend what I need to on groceries and the like, and then when it comes to fun I'll try to use most of my money online for that as to be able to save more for my future.
