Singapore Consumer Credit Counseling / Debt Consolidation Services
Synthesis consultancy debt consolidation/debt management services with ( 1000+) satisfied clients on an ongoing basis.
20 Kramat Lane #02-04 / 03-06
United House S(228773)
Operating Hr:10am-6pm (Mon-Fri)
Singapore
ph: 68469077
fax: 68469055
info
Keeping Track:
Limits Your Spending:
Discipline Yourself:
Setting Goals:
Prepare for Emergencies:
What's In The Budget
Income:
The budget starts with how much money you bring home on a monthly basis. Income sources include:
— employment income
— alimony received
— investment income
— social security
— support payments
— savings
How much income should be allocated for the budget?
— your goal should be around 90-98% or less
— the remaining 2-10% of your income gets allocated for savings
(note: budget items are expressed in monthly terms)
Housing Expenses:
Housing expenses will likely be your largest expense item, especially if you own a home. Housing expenses include:
— your mortgage payment with escrow (taxes, insurance)
— monthly rental payment if you do not own
— utility services (electric, gas, water, etc.)
— telephone, internet, cable
— house repairs and maintenance
How much for the budget?
— about 32-35% of income if you own; 15-20% if you rent
(note: budget percentages can vary )
Synthesis consultancy debt consolidation/debt management services with ( 1000+) satisfied clients on an ongoing basis.
20 Kramat Lane #02-04 / 03-06
United House S(228773)
Operating Hr:10am-6pm (Mon-Fri)
Singapore
ph: 68469077
fax: 68469055
info