# Readers ask: How Much To Budget For Entertainment Per Month For One Person 2016?

## How much money do people spend on entertainment monthly?

Entertainment. The average household spends \$2,482 a year on entertainment, and I’m guessing that some of the “other expenses” might fall into this category, too. To break this down, this adds up to a little over \$200 a month spent on entertainment.

## How much should I budget for entertainment?

So what’s the most you should be spending on leisure activities and entertainment, or what you might call ‘ fun ‘? According to Corley, the magic number is 10 percent of your monthly net pay, or what you take home after taxes and other deductions.

## What is the average monthly budget for a single person?

Average monthly expenses range from \$3,189 for one person to \$6,780 for a family of five.

## What is a reasonable monthly food budget for one person?

Monthly Grocery Budget

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FAMILY SIZE SUGGESTED MONTHLY BUDGET
1 person \$251
2 people \$553
3 people \$722
4 people \$892

## Can you live off 200 a month?

I’m spending about £ 200 a month, so it can definitely be done. You just have to budget and stick to a plan for stuff like food and travel. Socialising in London really doesn’t have to cost that much for a student if you ‘re clever about it.

## How much does a girl spend on clothes a month?

It appears most women, on average, will spend somewhere between \$150 and \$400 on clothing on a monthly basis, which equates to approximately \$1,800 to \$4,800 per year. It also appears that a woman’s spending habits are extremely closely related to their personal lives, especially their relationship status.

## What is the 70 20 10 Rule money?

Both 70 – 20 – 10 and 50-30- 20 are elementary percentage breakdowns for spending, saving, and sharing money. Using the 70 – 20 – 10 rule, every month a person would spend only 70 % of the money they earn, save 20 %, and then they would donate 10 %.

## How much money should you be spending a month?

When it comes to how much you should spend, NerdWallet advocates the 50/30/20 budget. With this formula, you aim to devote 50% of your take-home pay to needs like rent and insurance, 30% to wants like gym memberships and vacations, and 20% to debt repayment and savings.

## What is the 50 20 30 budget rule?

Senator Elizabeth Warren popularized the so-called ” 50 / 20 / 30 budget rule ” (sometimes labeled ” 50 – 30 – 20 “) in her book, All Your Worth: The Ultimate Lifetime Money Plan. The basic rule is to divide up after-tax income and allocate it to spend: 50 % on needs, 30 % on wants, and socking away 20 % to savings.

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## How much money does a single person need to live comfortably?

This popular general budgeting rule allocates 50% of annual income to necessities like housing, 30% to discretionary expenses like travel, and the remaining 20% to savings. The median necessary living wage across the entire US is \$67,690.

## What bills do most adults pay monthly?

Needs

• Mortgage/rent.
• Homeowners or renters insurance.
• Property tax (if not already included in the mortgage payment ).
• Auto insurance.
• Health insurance.
• Out-of-pocket medical costs.
• Life insurance.
• Electricity and natural gas.

## How much should I spend on living expenses?

The rule says that you should spend 50% of your income on your living expenses, like your rent and car payment. You should put 20% of your income in savings, whether that’s for a rainy day fund or a down payment on a house.

## How much does 1 person spend on gas per month?

Average Transportation Costs in the U.S. Nearly 90% of U.S. households report spending money on gasoline, an average of nearly \$3,000 per year. The average cost of gas per month is \$250.

## How much should a single person spend on food per week?

For individuals, here’s what those guidelines say you should be spending each week on food (actual number depends on age and sex): Thrifty: \$37 – \$43. Low-Cost: \$47 – \$56. Moderate-Cost: \$59 – \$70.

## What is a reasonable food budget?

The USDA’s food plan cost guide offers a suggested grocery budget for four spending levels: thrifty, low-cost, moderate and liberal. Average grocery bill for 1 If you’re a single adult, depending on your household budget, look to spend between \$175 and \$345 each month on groceries.

## Question: How Much Of America’s Population Use A Laptop Or Desktop For Entertainment?Question: How Much Of America’s Population Use A Laptop Or Desktop For Entertainment?

Contents1 What percent of the US has a computer?2 What percentage of the US uses technology?3 How many laptops are in America?4 What percentage of US population has Internet access?5

Entertainment