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Which Bill Payments to Prioritize When You’re Broke

Prairie Eco-Thrifter

Shelter Depending on your amortization, mortgage or rent, the amount you need to set aside for house payments may vary for every individual. You may want to transfer to a smaller place if you are renting, if that will work best for you, but do not in any way remove house payments on your list of top priorities.

Bills 213
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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. Housing costs are a total of the basic necessities that you need to live. Any housing related insurance fees and property taxes are also important to include.

Money 159
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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. If possible, analyze at least the past 3 months. Utilities- electricity, propane & gas, water & sewage.