How to Use Dave Ramsey Budget Percentages to Make a Budget

[{"selector":"#anim-72b8c599-c79a-4da8-8906-9c92daafb712","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-81244dce-982f-47e8-afa8-7cd50b3c1e60","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

Having a budget is a great place to start to figure out where your money is going. The self-proclaimed guru, Dave Ramsey, has once again worked on making budgeting easy with his budget. He came up with his version of budgeting called The Dave Ramsey Budget Percentages.

[{"selector":"#anim-362a34e5-0ab7-4060-a51d-0e1653da1ed3","keyframes":{"opacity":[0,1]},"delay":600,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1c99e4bb-96e7-45e1-b384-37bc5ccf8f5d","keyframes":{"transform":["translate3d(0px, 121.88127%, 0)","translate3d(0px, 0px, 0)"]},"delay":600,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

The Dave Ramsey Budgeting Percentages.

[{"selector":"#anim-c0fd9caf-b134-4d83-8c3f-839914c8a6f2","keyframes":[{"transform":"scale(1)","offset":0},{"transform":"scale(1.05)","offset":0.33},{"transform":"scale(0.995)","offset":0.66},{"transform":"scale(1)","offset":1}],"delay":0,"duration":600,"easing":"ease-in-out","fill":"both","iterations":3}] [{"selector":"#anim-9d07229f-b04e-4dfb-951f-8347754f438d","keyframes":{"opacity":[0,1]},"delay":0,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9f8e47f6-0b07-4e42-bc71-f037fc76c94c","keyframes":{"transform":["translate3d(0px, 132.97579%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Household Budget Categories Descriptions:

[{"selector":"#anim-3141cee2-1ab4-4bc5-9852-fe02582fbd6a","keyframes":[{"transform":"scale(1)","offset":0},{"transform":"scale(1.05)","offset":0.33},{"transform":"scale(0.995)","offset":0.66},{"transform":"scale(1)","offset":1}],"delay":0,"duration":600,"easing":"ease-in-out","fill":"both","iterations":3}] [{"selector":"#anim-7a96707c-aa54-415d-a396-01972e381b91","keyframes":{"opacity":[0,1]},"delay":1000,"duration":900,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-30ede8b1-9694-4104-8401-b6794460f09f","keyframes":{"transform":["translate3d(118.33334%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":1000,"duration":900,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] 5 Lined Circle

Are These Categories Realistic? Dave Ramsey tried to make a budget simple for people. It works. Each person is different, and it fails to cover things we need in a budget like debt payments and retirement savings.

[{"selector":"#anim-d8a0832c-e056-45cd-80d5-37f1c1552548","keyframes":{"opacity":[0,1]},"delay":900,"duration":900,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8a4ae573-688a-4c1c-acb6-e73d90bedb64","keyframes":{"transform":["translate3d(-114.87342%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":900,"duration":900,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

What about Debt Payments? Debt repayments should come before some things. An easy way to get rid of debt is to stop spending money.

[{"selector":"#anim-002894d0-95d2-4ff2-af92-eeee98cde348","keyframes":{"opacity":[0,1]},"delay":600,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f92a2055-7993-4edb-9d6a-7800fa079503","keyframes":{"transform":["translate3d(0px, 158.65891%, 0)","translate3d(0px, 0px, 0)"]},"delay":600,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

How Much Should You Save? In the Dave Ramsey Budget Percentages, he says to save 10%. Well, I hate to be the bearer of bad news, but 10% is not enough to save for retirement. Dave Ramsey advocates to save 15% for retirement., but the Dave Ramsey Budget doesn’t account for this..

[{"selector":"#anim-8bb88b0d-8ef1-4c01-a136-feae89c40d38","keyframes":[{"transform":"scale(1)","offset":0},{"transform":"scale(1.05)","offset":0.33},{"transform":"scale(0.995)","offset":0.66},{"transform":"scale(1)","offset":1}],"delay":0,"duration":600,"easing":"ease-in-out","fill":"both","iterations":3}] [{"selector":"#anim-1da30035-1e3b-42fe-bf56-4c2b20019abe","keyframes":{"opacity":[0,1]},"delay":1000,"duration":900,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-fec8b0b9-e746-4f01-9419-fe01523d373b","keyframes":{"transform":["translate3d(115.23810%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":1000,"duration":900,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] 5 Lined Circle Lined Circle

What About Other Budget Systems?

[{"selector":"#anim-6ae7dd87-7716-4902-8b17-d7e4683ad67c","keyframes":{"opacity":[0,1]},"delay":400,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-473e4296-0cb1-491a-a57b-4232bc4b16de","keyframes":{"transform":["translate3d(0px, 1023.06414%, 0)","translate3d(0px, 0px, 0)"]},"delay":400,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f4dce51d-42b8-4580-a4e4-c467e2868dba","keyframes":{"opacity":[0,1]},"delay":0,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1897c1b5-4acc-4481-9afd-e6560cbb69c3","keyframes":{"transform":["translate3d(0px, 208.20573%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d44c41e7-ec10-4db4-b9a1-e508c22e8a50","keyframes":{"opacity":[0,1]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-aab55c38-b97a-405c-8444-7e48d12eed83","keyframes":{"transform":["translate3d(0px, 191.48153%, 0)","translate3d(0px, 0px, 0)"]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Swipe up to Learn How to Use Dave Ramsey Budget Percentages to Make a Budget

[{"selector":"#anim-6f25defb-f18a-437e-83ee-7612f2863f93","keyframes":[{"transform":"scale(1)","offset":0},{"transform":"scale(1.05)","offset":0.33},{"transform":"scale(0.995)","offset":0.66},{"transform":"scale(1)","offset":1}],"delay":0,"duration":600,"easing":"ease-in-out","fill":"both","iterations":3}]

More Stories

[{"selector":"#anim-8a9b8af2-60d0-4532-a2f2-b0076ccf4eeb","keyframes":[{"transform":"scale(1)","offset":0},{"transform":"scale(1.05)","offset":0.33},{"transform":"scale(0.995)","offset":0.66},{"transform":"scale(1)","offset":1}],"delay":0,"duration":600,"easing":"ease-in-out","fill":"both","iterations":3}] [{"selector":"#anim-14079224-8a6b-40f7-bea6-b093b4b76089","keyframes":{"transform":["translate3d(-264.96349%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":550,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0ef09dae-18b2-4c65-a818-3ed874c06b49","keyframes":{"opacity":[0,1]},"delay":550,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4f82de7d-369a-4a06-b6b0-3109793d0eda","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":550,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-d8e6b854-3c97-47b3-893d-603ce13b1be4","keyframes":{"transform":["translate3d(-138.34587%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":650,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-21a271fd-d274-40d4-b300-3754ea61b86f","keyframes":{"opacity":[0,1]},"delay":650,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-df930180-8d25-456e-9376-cbd60494b691","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":650,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-d61dedfb-90ce-49cb-abb8-383ad55db55b","keyframes":{"transform":["translate3d(-269.92483%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":750,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ba3e8986-75b2-4c71-baad-b2c9aca5ffcb","keyframes":{"opacity":[0,1]},"delay":750,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-94f4bd17-bce3-4790-b779-8a412609f367","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":750,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

How to Use Dave Ramsey Budget Percentages to Make a Budget

Read More

Having a budget is a great place to start to figure out where your money is going. The self-proclaimed guru, Dave Ramsey, has once again worked on making budgeting easy with his budget. He came up with his version of budgeting called The Dave Ramsey Budget Percentages.

Read More

The Dave Ramsey Budgeting Percentages.

– Giving- 10% – Saving- 10% – Food- 10-15% – Utilities- 5-10% – Housing- 25% – Transportation- 10% – Health 5-10% – Insurance 10-25% – Recreation 5-10% – Personal Spending 5-10% – Miscellaneous 5-10%

Read More

Household Budget Categories Descriptions:

Learn More

Are These Categories Realistic? Dave Ramsey tried to make a budget simple for people. It works. Each person is different, and it fails to cover things we need in a budget like debt payments and retirement savings.

Read More

What about Debt Payments? Debt repayments should come before some things. An easy way to get rid of debt is to stop spending money.

Read More

How Much Should You Save? In the Dave Ramsey Budget Percentages, he says to save 10%. Well, I hate to be the bearer of bad news, but 10% is not enough to save for retirement. Dave Ramsey advocates to save 15% for retirement., but the Dave Ramsey Budget doesn’t account for this..

Read More

What About Other Budget Systems?

There are other budgets out there that people can take a look at. Each system is different and provides opportunities for others to create a budget that works for them.

Read More

Swipe up to Learn How to Use Dave Ramsey Budget Percentages to Make a Budget

Read More

More Stories

Best Budget Apps To Fit Your Goals and Lifestyle

The Truth Behind The Dave Ramsey Baby Steps

How to Stop Spending Money: 11 Tips to Change your Habits