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How To Use Dave Ramsey Budget Percentages?

Dave Ramsey has inspired millions to get their finances on track and get out of debt. So, what are the recommended  Dave Ramsey  budget percentages? 

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Budget percentages are a great way to dip your toes into budgeting. When you don’t know where to start, using budget percentages may be for you.

Why Use Budget Percentages?

Recommended Dave Ramsey Budget Percentages

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– Giving – 10 percent – Saving – 10 percent – Food – 10 to 15 percent – Utilities – 5 to 10 percent – Housing costs – 25 percent – Transportation – 10 percent

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– Health – 5 to 10 percent – Insurance – 10 to 25 percent – Recreation – 5 to 10 percent – Personal spending – 5 to 10 percent – Miscellaneous – 5 to 10 percent

How To Determine The Right Budget Percentages?

Use the budget percentages by Dave Ramsey as a starting point. Check the percentage amounts and see if they fit your  personal situation.

What If I Have Debt?

There isn’t any debt payoff in Dave Ramsey’s budget percentages, why is that? He always advises that you take on a side hustle or make some  extra money.

How Much Of My Income Should I Save?

Dave Ramsey recommends a budget percentage of 10% toward savings. If your current situation is living paycheck to paycheck, this may be a good place to start.


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