Teacher I Salary: Php 29,500 (100%)





1. Rent/Mortgage: Php 8,850 (30%) Housing is priority, so allocating a significant portion ensures a stable living environment.

2. Groceries: Php 5,900 (20%) Essential for daily living, this amount supports healthy eating without overspending.

3. Transportation: Php 2,950 (10%) This covers commuting costs, whether public transport or fuel for a vehilcle.

4. Utilities: Php 4,425 (15%) Includes electricity, water, and internet vital for everyday life and work.

5. Savings: Php 2,950 (10%) Building savings for emergencies or future goals is crucial for financial stability.

6. Entertainment/Leisure: Php 1,475 (5%) It’s important to allocate some funds for relaxation and social activities to maintain a balanced life.

7. Miscellaneous: Php 2,950 (10%) This covers any unexpected or variable expenses that may arise each month.

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Total: Php 29,500 (100%) The budget allocates funds responsibly, ensuring all essential needs are met while promoting savings and leisure.

 

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