This should be at least: 10% Income / 90% Expenses
This way, for every $10,000 you make, you'll have an extra $1,000 of money
that can either be saved or to be used at your discretion. You'll be able to do more recreational
activities like going out to the movies or taking vacations. A higher expense ratio makes it much
harder to save money--so spending habits need to be changed.
To calculate YOUR income-to-expense ratio..
You can discover your true income-to-expense ratio by using our website. Click here to create a budget.
It's very easy and only takes a few minutes!