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H233 Consumer Management Budget Expenses. Recommended Monthly Spending.

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Presentation on theme: "H233 Consumer Management Budget Expenses. Recommended Monthly Spending."— Presentation transcript:

1 H233 Consumer Management Budget Expenses

2 Recommended Monthly Spending

3 Savings PYF At least 10% of your net pay each month. Savings Account Build an emergency fund with enough money to last at least 6 months if you lose your job. Retirement Account

4 Housing Mortgage or Rent Payment Homeowners or Renters Insurance Property Taxes Utilities

5 Transportation Car Payment Gasoline Car Maintenance Oil changes (every 3 months or 3,000 miles) Repairs Auto Insurance Public Transportation

6 Debt Credit Card Payments Loan Payments

7 Other Everything Else Food Groceries, restaurants Clothing Clothes, shoes, accessories Personal Items Shampoo, soap, cosmetics, medications Gifts Entertainment Movies, video games, tickets to shows


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