Define your disposable income. Add your monthly housing expenses and subtract them from your monthly pay. The difference is your "disposable income". This is a mortgage banking term for money you can throw away after the house expenses are paid.
Find the items above that apply to you.
Add any items we didn't list here.
Put a monthly amount that you can contribute next to each item.
Add them all up, then subtract them from your monthly income. If you don't have enough, you need to tweak your budget.
Tweak the Budget
You must prioritize the items in your selection that are most important, and then the items least important.
Now place lesser numbers next to the items lease important. Don't forget about them though! The most important thing is not that you are running short, it is realization of the items that are coming due. You may not have an oil change due on your vehicle for a while because you did it recently. Hold up on that or put fewer dollars in that fund this month. Use common sense to be responsible.
Once you have enough in the funds, or begin to get ahead, look toward packing it in your savings.
Understand what a home actually costs and identify your lifestyle:
