In term of % of my take home salary, I am below 20% for my rent. I would say my biggest expense right now is my credit card debt ($9,000) and upcoming school loan since I will be finishing my grad program in May.
Like most people, my biggest monthly expense is keeping a roof over my head. It's tougher than ever because I'm currently on a fixed income and had to move last fall to a more expensive place. I don't even want to know what percentage of my income goes towards rent.
I recently received a netspend debit card as a gift... I really am very leary of activating it... they want my social security no. I had that stolen several years ago and it took years to get that problem solved.. the social security administration told me it is illegal for anyone else to use this no. for identification... they told me that if anyone insist that all they need is the last four numbers..net spend insist to activate it they must have it all. I would like to get the money off the card but do not know just what to do safely...
Our house and cars are paid for so food is about $700 a month. what I don't see mentioned is the cost of insurance. Ours is 850.00 per month. That is 8% -/+
Our largest expense is our mortgage. It is 24% of our monthly budget. I feel like it's lower than it could be, I think 24% is a good number. However, it is followed closely by our student loans, which come in at a whopping 17%. Ugh!
My and my husband's largest monthly expense WOULD be our mortgage. However, since we split that and do not split my student loan payment, I would say *MY* biggest expense each month is my $400 student loan payment.
Housing is our biggest expense. Mortgage, HOA, insurance, taxes, and utilities make up 30% of our take home pay. We could move to decease this but choose to live in a top school district and the taxes and property costs seem to follow.
The biggest monthly expense is the mortgage. This includes taxes and insurance as well as the house loan itself. The house is modest but then neighborhood around us has gentrified and the value has gone up. Good if we want to sell and move, not so good since we want to stay!
Four years ago our biggest expense was the mortgage. Then we sold our house for a profit, moved to a less expensive area, and paid cash for the house we have now. With that taken care of, our biggest expense became my medical insurance, but this year I went on Medicare. Now our biggest expense is food for a family of 3. We minimize that by a combination of tactics--cooking at home, limiting meat, shopping sales, bulk buying.
Housing! When I bought my house 20 years ago, my income was on the rise. Now thanks to budget cuts at my work, I've lost 10% of my pay plus our work week was cut from five days to four. It's a struggle every month to pay my house payment and for necessities. Tried finding a part time job to supplement my income, but so many businesses want you to be available 24/7.
My greatest monthly expense is health insurance--about 37% of my monthly budget. I will raise my deductible at the end of the year, as long as I don't incur any unexpected health issues. When I do change plans, with the lower monthly payment and the higher deductible, I would end up paying about the same as I do now if I had a medical problem, so I would have to continue to budget at the same rate.
My rent takes up the most. It is about 40% of my income, which I feel like is a lot. Unfortunately, for where I live, I'm actually paying a really good price.
In term of % of my take home salary, I am below 20% for my rent. I would say my biggest expense right now is my credit card debt ($9,000) and upcoming school loan since I will be finishing my grad program in May.
Mortgage is my biggest expense.
My biggest expense is daycare.
Like most people, my biggest monthly expense is keeping a roof over my head. It's tougher than ever because I'm currently on a fixed income and had to move last fall to a more expensive place. I don't even want to know what percentage of my income goes towards rent.
I recently received a netspend debit card as a gift... I really am very leary of activating it... they want my social security no. I had that stolen several years ago and it took years to get that problem solved.. the social security administration told me it is illegal for anyone else to use this no. for identification... they told me that if anyone insist that all they need is the last four numbers..net spend insist to activate it they must have it all. I would like to get the money off the card but do not know just what to do safely...
Our house and cars are paid for so food is about $700 a month. what I don't see mentioned is the cost of insurance. Ours is 850.00 per month. That is 8% -/+
My largest expense is our mortgage.
Our largest expense is our mortgage. It is 24% of our monthly budget. I feel like it's lower than it could be, I think 24% is a good number. However, it is followed closely by our student loans, which come in at a whopping 17%. Ugh!
Rent is the most expensive with utiilties and food both a close second
Mortgage takes up about 35% of our income, followed by groceries.
My Mortgage. It is about 35% of my budget
My and my husband's largest monthly expense WOULD be our mortgage. However, since we split that and do not split my student loan payment, I would say *MY* biggest expense each month is my $400 student loan payment.
Housing is our biggest expense. Mortgage, HOA, insurance, taxes, and utilities make up 30% of our take home pay. We could move to decease this but choose to live in a top school district and the taxes and property costs seem to follow.
By FAR our biggest expense is our electric bill since our entire house is electric.
The biggest monthly expense is the mortgage. This includes taxes and insurance as well as the house loan itself. The house is modest but then neighborhood around us has gentrified and the value has gone up. Good if we want to sell and move, not so good since we want to stay!
Four years ago our biggest expense was the mortgage. Then we sold our house for a profit, moved to a less expensive area, and paid cash for the house we have now. With that taken care of, our biggest expense became my medical insurance, but this year I went on Medicare. Now our biggest expense is food for a family of 3. We minimize that by a combination of tactics--cooking at home, limiting meat, shopping sales, bulk buying.
Insurance is about 23% of my budget but I m helping another to pay off student loans which is about 30-50% of my budget.
My mortgage is my biggest monthly payment that I have.
The mortgage! But after that I'd have to say groceries are the biggest expense.
My biggest monthly expense is rent. Second biggest is groceries.
Housing! When I bought my house 20 years ago, my income was on the rise. Now thanks to budget cuts at my work, I've lost 10% of my pay plus our work week was cut from five days to four. It's a struggle every month to pay my house payment and for necessities. Tried finding a part time job to supplement my income, but so many businesses want you to be available 24/7.
My mortgage is my biggest expense each month, followed by medical bills.
My cable Tv is the biggest expense
My greatest monthly expense is health insurance--about 37% of my monthly budget. I will raise my deductible at the end of the year, as long as I don't incur any unexpected health issues. When I do change plans, with the lower monthly payment and the higher deductible, I would end up paying about the same as I do now if I had a medical problem, so I would have to continue to budget at the same rate.
My rent takes up the most. It is about 40% of my income, which I feel like is a lot. Unfortunately, for where I live, I'm actually paying a really good price.