What takes up the biggest chunk of your income?
1 Mar 09
I spend the biggest chunk of my pay cheque on my sibling's school expenses and my parents' living allowance (40%), then my utility bills (cable, internet, phone), food and shopping (cookbooks, shoes and clothes).
20 Feb 09
our biggest expenses is for our kids. for their vatamins, vaccines, baby foods, formula milk and of course "2 yayas". its close to half of my income are budgetted for them. my husband's share is the monthly amortization of our house and lot. well, that's philippine lifestyle...
10 Mar 09
Hello blungel0830! I also live in Philippines, i agree with you that food is the biggest expense but for my family situition... house is our biggest expense cause we just are renting semi-condo here in manila, well, good fo me and my family because the father of my kids have an uncle that possess goodheart and source of living.
12 Mar 09
Hi gracypure! Rent or housing took a big slice of our earnings during the first 3 years of our marriage. But now, by God's wonderful grace, we have now moved into a house where we are don't have to pay any rent anymore that is why food now takes up the biggest part of our earnings. Thanks for your response!
5 Feb 09
I don't have income yet, but I consider my weekly campus allowance is my sort of income. TRANSPORTATION SWALLOWS TWO-THIRDS OF MY INCOME. My campus is an hour away from where I live, so it's supposed to make perfect sense, but--jeez! Is my allowance too small or is my fare too big?
6 Feb 09
Hello chance2691. Don't fret about not having any income yet you will have your share when you find a job and you will have some income, too, here in myLot! And about your transportation, I am sure it will surely take a big slice of your allowance if your campus is an hour away from where you live. I used to have the same travel time to school and it drains not only my pocket but my energy as well. I am so blessed now that I only have to walk 1 km to get to my office.
13 Mar 09
The biggest we have to spend is on rent. It takes up half from the salary that my husband brought home and it is making our life quite difficult. But we don't have any children so we don't buy a lot of food. Furthermore we don't have to buy milk, diapers and other children things which would eat up a lot of costs. Besides that, we are also doing part time job. We have a small business selling sate, a type of grilled chicken and beef on sticks. If you come here to my country you must taste my delicious sate. I
7 Feb 09
Hi there. Well, as expected, a huge chunk of our family's income goes into paying the rent and utility bills. I usually contribute half of my salary for this cause and the rest is used to buy food. However, when it comes to personal expenditures, I'd say most of my half of my salary goes to paying my credit card bill.
6 Feb 09
I spend most of my salary on my credit bill. Lol I have to pay my monthly insurance and the appliance I bought for 6 months installment and other stuff too using my credit card. Sometimes I spend my money on food. Other things are mostly spend for necessities and hygienic stuff.
6 Feb 09
It's always FOOD. My budget has greater allotment for food and vitamins because they are much needed of our body to function well. I am renting right now because I am still single, so I have no big problem so far in bills, I only pay P1,000 per month and it is already covered light and water bills for my boarding house.