Budget U form to calculate your Net Monthly Income and create your budget. When you have completed your budu sketch a pie chart for your spending. A couple rules of thumb: most financial advisors suggest not spending more than 1/3 of your budget on housing and to save at least 1/10 of your money. Annual Salary: $ Tax Rate: $25,282 Amount of Taxes: $ Net Annual Income: Net Monthly Income: $ Ple Chart Projected Monthly Budget Percent of Budget Category Total te TOON) Housing Groceries Transportation Debt - Loan Monthly Payment [from previous Savings Extras Iphone, co internet, c ete) 1. How did you determine your budget? Did you need to make any special considerations? P. After housing, what is your most significant part of your budget? Why did you make that choice? Cink Creative Education