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| General Discussion Please read our Forum Rules before posting Feel free to talk about anything and everything about money. |
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Hi, I'm playing The Real Game in CALM (Career And Life Management), and I have to do a budgeting assignment. I haven't done budgeting before and I know nothing about paying bills so it would be nice to get some advice from anyone who is willing to help
So, my gross monthly income is $5 000.00 and $4 000.00 after deductions + Partner monthly income = $4 400.00 which is my net monthly income. Around how much does a person spend on shelter with this income for a family of three (husband is still attending university and doesn't work, 3 year old son) Shelter~ Rent or Mortgage, Utilities (heat, light, telephone), Maintenance (repairs) |
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I would say about $2900 a month on mortgage, utilities, and maintenace. About 35% would be my guess.
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I sortof played something that sounds similar as a kid.
Shelter costs vary Greatly from place to place...there aught to be a web tool to help you guess for your area. (if you are in Charlotte Nc, mine is a little under the average at around 1,200) |
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