What percentage of a person's annual income should be spent on the following for a healthy financial life if he is the sole income earner in a family of 4?
- Groceries
- Domestic help salaries (Baby sitter etc.)
- Car Fuel
- Electricity charges
- Phone & internet bills
- Eating out at restaurants etc
- Clothes
- Entertaining at home
- Travel & vacationing
- Health Care
- Car purchase
- Miscellaneous
Looking forward to some great views!! Thanks everyone!!
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