If you choose a budget of 70 20 10, you would allocate 70% of your monthly income to expenses, 20% to savings, and 10% to donations. Debt repayment may include or replace the “give” category, if that applies to you. A spreadsheet is the best way to do this so that you know at a glance what you're spending money on (food, food out, clothes, decor, bills, school fees, etc.). SoFi refinancing loans are private loans and do not have the same repayment options offered by the federal loan program, or that may be available, such as income-based repayment or contingent income repayment or PAYE.
Any advice on this page regarding Life products is general in nature and is provided by Platform Ventures Pty Ltd ABN 35 626 745 177 AFS Representative Number 001266101 (PV). You didn't set your financial goals at first because you didn't know your income and expenses. SUNCORP LIFE INSURANCE Suncorp's life insurance products, except in some circumstances the severance benefit, are issued by TAL Life Limited ABN 70 050 109 450 AFSL 237848 (TAL Life), which is part of the TAL Dai-ichi Life Australia Pty Limited ABN 97 150 070 483 group of companies (TAL). However, my only question is whether you have considered, for those who pay tithing, to suggest that tithing should come from gross income.
A newer plan among these guidelines is the 70-20-10 budget, which can act as the basis for a more detailed budget in the future. You gain greater visibility into your finances and can create a healthy savings account, while paying your debts and controlling your bills. Once retirement savings are in place, start saving for children's college if you choose to, and THEN put in any extras for your home and pay. The first example is for a single person who shares a house with someone who is not their partner and has no children.
This is just general advice and doesn't take into account your personal goals, financial situation, or needs. But with this simple plan, you can probably fix your financial act and feel less stressed about money. Before taking any advice in this document, you should consider the appropriateness of the advice for your personal goals, financial situation, and needs.