Ep 26. Budgeting Like a PRO: Meet Your Financial Goals FAST

Dive into our latest podcast episode on mastering budgeting techniques!

Discover how allocating specific percentages of your income to categories like housing, insurance, and entertainment can transform your financial planning.

Learn to manage debts, save for goals like home purchases, and ensure you're never 'house poor.'

If you're looking to refine these strategies further and apply them effectively in your business, reach out for a personalized consultation.

Let's achieve your financial goals together!

Watch the episode below:

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What Percentage Should You Spend In Each Category?

🏡 Housing 25 - 35%

📁 Insurance 10 - 20 % (Medical, Life, Car, Home)

🛒 Food 10-15%

🚃 Transportation 10-15%

💡 Utilities 5 - 10%

💰 Savings 10-15%

🎁 Charitable Giving 10%

🎉 Fun 7%

👗 Clothing 3%

🙋🏾‍♀️ Personal 5%

You may have other budget responsibilities to consider such as:

🐶 Pet care

🧩 Children expenses (daycare, extracurricular activities, private school)

✈️ Travel

💸 Savings (emergency fund)

Disclaimer:

The information provided in this content is for general informational purposes only and should not be considered specific tax advice. Every individual’s tax situation is unique, and this material does not account for your specific circumstances. Before acting on any information presented, consult with a qualified tax professional or CPA to discuss your individual situation and ensure compliance with applicable laws and regulations.

Catrina M Craft and companies assumes no responsibility for actions taken without proper consultation with a licensed professional.