Financial Freedom Workshop
Get your budget to work for you! Take one action step at a time to reach your financial freedom goals. Before you begin, here are preliminary steps to protect your finances: Step A: Your Will - Free! and Step B: Your Life Insurance.
Note: Use free calculator for your instant budget.
Note: Use free calculator for your instant budget.
Monthly Budget
Budget Item (%) |
Sample 1 |
Sample 2 |
Action Step |
Income* |
2,500 |
4,000 |
Step 1 |
Tithe (10%) |
250 |
400 |
Step 2 |
Savings (10%) |
250 |
400 |
Step 3 |
Housing (25%) |
600 |
1,000 |
Step 4 |
Utilities (10%) |
250 |
400 |
Step 5 |
Food (10%) |
250 |
400 |
Step 6 |
Auto (5%) |
125 |
200 |
Step 7 |
Insurance (5%)^ |
125 |
200 |
|
Debt Snowball (20%)** |
500 |
800 |
|
Personal (5%) |
125 |
200 |
Step 10 |
*income after taxes ^life and health
**changes to retirement investing after debt snow ball is complete
**changes to retirement investing after debt snow ball is complete