Is there any ideal percentage for various expenses ?

POSTED BY sudhank31 ON February 5, 2015 6:18 pm ONE COMMENT

Is there any ideal % & other categories of salary outgo as a monthly/yearly expenses to meet all needs or to balance all aspects of life

Following is an exmple of salary outgo where it has been try to meet all requirements. % may get changed with person to person but it should be within any given range.

Sr No Text Monthly Part %
1 Home Loan EMI 11000 22.00%
2 Regular Household Expenses 10000 20.00%
3 Term Plan 1000 2.00%
4 Health EMI 1000 2.00%
5 SIP for MF 5000 10.00%
6 Tax Planning 1500 3.00%
7 Contigency Fund 5000 10.00%
8 Parent’s Care 5000 10.00%
9 House Expenses Additional 5000 10.00%
10 Travel & Related 3000 6.00%
11 Holiday 2500 5.00%
Total 100.00%

Monthly Takehome 50000

One reply on this article “Is there any ideal percentage for various expenses ?”

  1. Hemanth says:

    there is hard and fast rule…. the expenses depends on the lifestyle of the person. I have read some where that the Home Loan EMI should not exceed 40% of the take home.

    As per this rule, you are fine with this rule…. so, I think things are fine

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Download Our FREE Ebook!

Available only for first 100 people today

Download Our FREE Ebook!

Available only for first 100 people today