The reasonable amount that finacial advisors would suggest... I know that "all work and no play makes Jack (and his family in my case!) a dull boy..."
2007-03-10 04:45:14 · 3 answers · asked by dominoking77 3 in Business & Finance ➔ Personal Finance
My financial advisor said 3-5%.
I told her to go screw herself!
2007-03-10 05:01:26 · answer #1 · answered by Anonymous · 0⤊ 0⤋
It really depends on your total income overall. Once you have a concrete amount, you should then determine your entertainment budget after all other required expenses are taken into account (i.e. food, clothing, rent/mortgage, travel, then entertainment)
2007-03-10 06:43:14 · answer #2 · answered by summertyme82 1 · 0⤊ 0⤋
When it comes to money... 50% is for the goose with the golden eggs...(get more)
40% is for long term goals... (like a big fat mercedes...)
10% is to spend.... and that means entertainment as well.... so..... 10 percent.
2007-03-10 04:50:08 · answer #3 · answered by freebird31wizard 6 · 0⤊ 0⤋