Dec 29, 2007

Personal Finance

Here is a split tip on how to plan our personal finance. Think about using it (yearly basis)...

  • 25% - House/Utilities
  • 04% - For all relatives/friends
  • 01% - Charity
  • 33% - Savings
  • 05% - Leisure/Travel/Pleasure
  • 05% - Unavoidables/Misc/Vehicles
  • 08% - Family Purchases & Shopping
  • 13% - Medicals/Healths/Emergencies
  • 04% - Major Purchases
  • Left out is 2%...
And ofcourse, we just need to be ready for short term & long term expenses too.

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