60 Percent of Your Salary for Essential Expenses

Only 60 percent of your salary should be spent for essential expenses like rent, bills and groceries. In order to make sure you are spending too much of your income in this, you can consider getting a checking account for these day-to-day payments. Also save enough money for any emergency situation or a long holiday. Look out for tips on how you can cut back on your daily spending and reduce bills with cheap deals. Like you can use coupons and consider buying things in bulk.