Suggested Budget Guidelines
Housing—35%
This includes anything related to putting a roof over your head, such as mortgage or rent, repairs, taxes, utilities and insurance.
Living Expenses—25%
Your daily expenses fall here. This includes food, entertainment, clothing, personal care products and services, pet care and other costs that are reasonably necessary to maintain your lifestyle.
Transportation—15%
List out your public transit costs, parking fees, car payments, gas, repairs and any other costs associated with getting where you need to go.
Debt—15%
This is student loans, credit cards, personal loans and any other debt beyond your mortgage and auto loan.
Savings—10%
This is for life’s surprises, as well as future goals. By setting aside money each month, you can avoid debt when something unexpected comes up and save for the things you hope to purchase.
Get started
Set up a budget and receive personalized advice from Banzai’s online coaching tool. Or, if you’re ready to get started on your own, use this form to create your budget.
Use Banzai's coaching toolDownload Budgeting Form*Percentages based on net income, take-home pay after taxes and deductions.
