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How Much Money Can You Live Off Of?

Prairie Eco-Thrifter

This would include your monthly mortgage payment or rent payment. You would need to add in the cost of all necessary utilities like gas, electricity, telephone and water. Any housing related insurance fees and property taxes are also important to include. Housing costs are a total of the basic necessities that you need to live.

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6 Steps to Creating a Budget You Can Stick To

For the Mommas

You want to include all expenditures including, but not limited to: Housing- rent, mortgage, homeowner fees, homeowner insurance, lawn care services, housekeeping services, etc. Telephone/cell phone. Transportation- car note, car insurance, maintenance, gas, etc. Business expenses if you run a business.