Income you get. How do you allocate that money?

Greece
November 30, 2006 8:13am CST
Every month, ppl who work must get earn income from their salary. From money you get, how you allocate that? I my self divide my expenses into this: - 10% of my income for charity, we must share with others - 10% of my income for pay my debt:p - 10% of my income for saving or invest - the remain (70%) is for my living till i get salary on next month.
5 responses
jep_toyo
@jep_toyo (1606)
• Philippines
9 Jan 07
give some for my mom, then some again for bills - internet, electricity consumption some for personal expenses - needs, wants, food, etc. and some for my insurance... ouch!
dandungsugiharto
@dandungsugiharto (883)
• Greece
10 Jan 07
that's good. When i get salary every month, first aloocation must be for my mom too
asadahsan
@asadahsan (723)
• Pakistan
6 Jan 07
well good topic my dear well how much i will earn i am saving it now and investing for some programs making profit wanted to achive big targets and inshallah i will do it soon...
dandungsugiharto
@dandungsugiharto (883)
• Greece
7 Jan 07
that's good if you make plan start from now, my brother :) I'm moslem too :)
tiibbaamm
@tiibbaamm (613)
• Indonesia
30 Nov 06
sorry 2 disappoint u. not working yet.. ;p lol
alief5674998
@alief5674998 (64)
• Indonesia
2 Dec 06
my wife manage the money i get from salary
dandungsugiharto
@dandungsugiharto (883)
• Greece
2 Dec 06
do you know how she manage it?
Perry2007
@Perry2007 (2229)
• Philippines
3 Jan 07
This is a very good alocation for your income, You must be rich by now. There are really certain times when earned money is not yet enough to sustain a descent standard of living, where most of the money goes to debt because the earning is not sufficient till the nextpay day, so when you are able to stick with your allocations, count yourself blessed.
dandungsugiharto
@dandungsugiharto (883)
• Greece
7 Jan 07
hehehe....just still build a proper system that would make my money automatically:D