Personal Budget Project Worksheet Template Page 2
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1
2Calculating Your Budget
Use the higher of the two above incomes while calculating your budget. Please use the
percentages given to determine your monthly budget. (Note: the percentages given are
not necessarily a typical or recommended budget.)
Housing: 28%
Automobile: 12%
Utilities: 5%
Taxes: 16%
Food: 18%
Savings: 5%
Entertainment: 5%
Misc./Other: 11%
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Parent category: Financial