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Old 09-18-2004, 05:12 AM
Tree0164 Tree0164 is offline
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Default Re: How much should I budget for everything?

I agree Sarah. I just pulled that offline for some general guidelines. Ideally, we try to save 10% of our income-10% from dh check goes into his 401k. I contribute to a Roth. I have even heard guidlelines of saving 20% of income-we are no where near that. Probably more so at the 8% if you include my self-employment income.

Food for us is probably closer to 10%. I have heard the average of 11-12% of income on other budgetting boards over the years.
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