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The percentage of income that an American will spend total on clothes per year depends on the person. People might spend less than 1 percent.
what percent of your annual income is safe to spend on health related insurance?
It is known that 40% Americans eat European foods. This goes the same way with Europeans.
This past year, it was about 15% of gross income.
If you plan to spend 9 percent of your monthly income on medical expenses, you would budget $139.50 for a monthly income of $1550.
Too much
A general guideline for transportation expenses is around 15-20% of net income. Based on Jeff's net spendable income of $1450, he should plan to spend around $217.5 to $290 per month on transportation.
We are spend RM 1000 in housing but bankrcupt
19.92%
306
You spend 20 + 23 + 42 = 85 % You save 100-85 = 15% which is 360 So the monthly income = 100% = 100*360/15 = 2400
He spends 25% of his income on rent.