Balanced money formula - how do you measure?

[nkf]

www.getrichslowly.org/images/GRS/BMF-handout.pdf

I found this really interesting. It's a formula for managing money. Not a budget. Basically, the authors say you should aim for 50, 30, 20. No more than 50% of your income on needs, 30% on wants and 20% on savings.

I applied it to my finances and I am sadly out of wack.

{http://www.getrichslowly.org/images/GRS/BMF-handout.pdf}

[http://www.getrichslowly.org/images/GRS/BMF-handout.pdf]]
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Still can't do it.

www.getrichslowly.org/images/GRS/BMF

Im not too far off the mark...must make a more conscious effort with savings though.

Well done, you. My savings are not enough and my fixed expenses too high.