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Making a Budget : What Is a Reasonable Budget?

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Uploaded on Feb 6, 2009

A reasonable budget should consist of 50 percent dedicated to basic needs, 30 percent set aside for wants and luxuries, and 20 percent going toward reducing debt and saving for retirement. Recalculate a reasonable budget with information from an insurance and financial planner in this free video on personal finance.

Expert: William Rae
Contact: www.hbwfl.com
Bio: William Rae has been licensed in the insurance and financial fields for more than 30 years.
Filmmaker: Christopher Rokosz

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