Many of you already follow Gail Vaz Oxlade. She is wonderful :) Anyway one of her resources is her interactive budget where you can add your own budget to this nice worksheet online here. Love it! It's really fun to play with.
It's even fun to fantasize about one day having a NET (he) too! More money to play with when you have a double-income.
Anyway I plugged in my budget #s (which I wrote about yesterday) into her interactive budget. Turns out:
I'm way under what she recommends for housing (I'm at 0%, she recommends 35%).
I'm about on par with Transportation (I'm at 15.38%, she recommends 15%).
I'm over what I should be with Life (I'm at 32.69%, she recommends 25%).
I'm under what she recommends for Debt (I'm at 0%, she recommends 15%).
And I'm way over what she recommends for Savings (I'm at 51.92%, she recommends 10%).
This is all okay though because I'm still saving lots and spending less than I make. All is good.
Now she also breaks down your Life expenses into a monthly and weekly budget which is nice if you do the jars. My weekly budget for life's variable expenses would look like:
Everything Else: $27.69
For a total of $132.69 per week.
Good to know that I should be keeping my variable spending under that amount weekly.