How to plan budget ,if earning is 10,000 a month?

Question

How to plan budget ,if earning is 10,000 a month?

Answer 1

spend roughly 333 per day

Answer 2

plan 1/3 savings.

Answer 3

what kind of job do you do i only make 1200 a month and i can manage my money without help

Answer 4

Planning a budget has to be very systematic.

First you need to list down your regular expenses like travelling fare, food cost, monthly household bills (if you are paying them), if you are with your parents then how much you plan to give them, etc. Then you need to plan an amount for your future savings. Say you can keep aside 2000 aside (perhaps in a bank). It will be more easy if you consider your salary as 8000 instead of 10K so that automatically you save 2K. And use your 8K judiciously. Shop for clothes once in every 4 months. And keep a check on your savings. When your savings reach 10K make a bond or FD so that you can earn interest on it. When you get an increment - increase your savings from 2K to 3K and keep more cash in your hand to possess purchase power and soon your standard of living will raise. Within a year and half you will be able to lead pretty decent life-style.

Answer 5

Rent, Food, Supplies, Bills, Gas, Clothes, Misc.

Answer 6

first tell ,where yu lives its is very necessary to know the location,because demographic factors have the phenomenal effect on the income and expenses.

Answer 7

$10,000 rupees?  if it is rupees then I can't help you since I don't know the cost of living in India.  Good luck.

Answer 8

It all depends on Ur life style Ur age , ur loans , if Ur serious then get in touch with me I shall do   UR fin planing .

Answer 9

budget planning really depends upon ur age and the risk and investment alllotment u would do to urslf and family.

i have a good file rearding the sme.. just IM me if free i shall send u the same

Answer 10

Is this your homework?

Answer 11

life is live to that seconds, future is not guarantee! OK but any urgent is help to your savings, that is true. OK i success to three part of salary divided in happy life.

     1.  Life Safe  1/10  (use to future in life and family safe)

           (Insurance  to you and other any )

     2.   Savings   4/10 (use to any loan purchase and function)

          (only safe method in bank, or RD or GPF any)

     3.  happly month 5/10 (use current month all 5-(1) urgent.

          ( that month all expenses this part including no any credit

            of end of month)

    ok, i am govt. servant, my salary is 7500/- but happly my life

     all time.ok best of luck.

Answer 12

u r telling a lie ur income is less than 10000 as people always flatter about income