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Review your budget every six months and look for ways to increase your income or decrease expenses so you can begin saving more.", "image": {"thumburl": "http://photos2.demandstudios.com/DM-Resize/s3.amazonaws.com/photography.prod.demandstudios.com/eef54f90-ad89-4923-a3d3-38e076b77223.jpg?w=120&h=120&keep_ratio=1", "photoid": "uploaded/2016-09-08 11:13:15.616824", "credit": "Getty Images", "url": "http://s3.amazonaws.com/photography.prod.demandstudios.com/eef54f90-ad89-4923-a3d3-38e076b77223.jpg", "attributiontext": "Getty Images", "height": 4912, "caption": "", "attributionhtml": "Getty Images", "width": 7360}, "key": "babysteps", "title": "Baby Steps"}, {"content": "With a relatively comfortable lifestyle, you don\u2019t have to worry too much about bills and you can even splurge once in a while. You should be able to live on a budget representing 80 to 90 percent of your take-home pay, while directing 10 to 20 percent into savings. This may mean fewer luxuries, or more meals at home instead of eating out \u2014 but the investment in your future is going to be worth it. ", "image": {"thumburl": "http://photos2.demandstudios.com/DM-Resize/s3.amazonaws.com/photography.prod.demandstudios.com/8b55effb-9593-491f-92e9-06898b0882fd.jpg?w=120&h=120&keep_ratio=1", "photoid": "uploaded/2016-09-08 11:14:00.821474", "credit": "Getty Images", "url": "http://s3.amazonaws.com/photography.prod.demandstudios.com/8b55effb-9593-491f-92e9-06898b0882fd.jpg", "attributiontext": "Getty Images", "height": 1414, "caption": "", "attributionhtml": "Getty Images", "width": 2121}, "key": "timetostarttrimming", "title": "Time to Start Trimming"}, {"content": "Congratulations! You have a solid income, your expenses are reasonable and you have big plans for the future. To ensure you are prepared to put those plans into action, you should be working toward living on no more than 80 percent of your net income, while socking away at least 20 percent into savings or investments. Yes, this may mean sacrificing a few perks, but remember that every dollar you save today will put you that much closer to realizing your dreams.", "image": {"thumburl": "http://photos2.demandstudios.com/DM-Resize/s3.amazonaws.com/photography.prod.demandstudios.com/2b8d9a67-bd98-48d8-bd43-692585b7f13a.jpg?w=120&h=120&keep_ratio=1", "photoid": "uploaded/2016-09-08 11:15:39.291579", "credit": "Getty Images", "url": "http://s3.amazonaws.com/photography.prod.demandstudios.com/2b8d9a67-bd98-48d8-bd43-692585b7f13a.jpg", "attributiontext": "Getty Images", "height": 3413, "caption": "", "attributionhtml": "Getty Images", "width": 5119}, "key": "savingiscrucial", "title": "Saving Is Crucial"}], "overview": {"content": "Starting a monthly budget? Find out how much you should be aiming to set aside each month based on your current income, expenses and goals.", "image": null}, "total_score": 0, "title": "Train Your Finance Brain: How Much Should Your Monthly Budget Be?", "questions": [{"image": {"thumburl": "http://photos2.demandstudios.com/DM-Resize/s3.amazonaws.com/photography.prod.demandstudios.com/23d078d5-0a77-49a9-8822-6a0aa7c075f8.jpg?w=120&h=120&keep_ratio=1", "photoid": "uploaded/2016-09-08 11:16:43.753949", "credit": "Getty Images", "url": "http://s3.amazonaws.com/photography.prod.demandstudios.com/23d078d5-0a77-49a9-8822-6a0aa7c075f8.jpg", "attributiontext": "Getty Images", "height": 4088, "caption": "", "attributionhtml": "Getty Images", "width": 6144}, "explanation": [], "answers": [{"content": "My basic expenses are less than 50% of my take-home pay.", "correct": "True", "conclusions": {"savingiscrucial": 1}}, {"content": "My basic expenses comprise between 50 and 70 percent of my take-home pay.", "correct": "True", "conclusions": {"timetostarttrimming": 1}}, {"content": "My basic expenses make up more than 70 percent of my take-home pay.", "correct": "True", "conclusions": {"babysteps": 1}}], "title": "How does your income compare to your most basic expenses, including food, shelter and heating?"}, {"image": {"thumburl": "http://photos2.demandstudios.com/DM-Resize/s3.amazonaws.com/photography.prod.demandstudios.com/f42a858d-6af3-4977-9ebc-14d9b2379130.jpg?w=120&h=120&keep_ratio=1", "photoid": "uploaded/2016-09-08 11:17:10.139946", "credit": "Getty Images", "url": "http://s3.amazonaws.com/photography.prod.demandstudios.com/f42a858d-6af3-4977-9ebc-14d9b2379130.jpg", "attributiontext": "Getty Images", "height": 3416, "caption": "", "attributionhtml": "Getty Images", "width": 5119}, "explanation": [], "answers": [{"content": "I have a lot of debt \u2014 credit card bills, student loans, etc.", "correct": "True", "conclusions": {"babysteps": 1}}, {"content": "I have moderate debt, but nothing I can\u2019t handle.", "correct": "True", "conclusions": {"timetostarttrimming": 1}}, {"content": "I have little or no debt.", "correct": "True", "conclusions": {"savingiscrucial": 1}}], "title": "How much debt do you have, excluding a mortgage?"}, {"image": {"thumburl": "http://photos2.demandstudios.com/DM-Resize/s3.amazonaws.com/photography.prod.demandstudios.com/1ceeafdc-406b-4d76-adc4-d41281c95cdb.jpg?w=120&h=120&keep_ratio=1", "photoid": "uploaded/2016-09-08 11:17:41.900119", "credit": "Getty Images", "url": "http://s3.amazonaws.com/photography.prod.demandstudios.com/1ceeafdc-406b-4d76-adc4-d41281c95cdb.jpg", "attributiontext": "Getty Images", "height": 3508, "caption": "", "attributionhtml": "Getty Images", "width": 5256}, "explanation": [], "answers": [{"content": "I seldom have the money to buy things I don\u2019t really need.", "correct": "True", "conclusions": {"babysteps": 1}}, {"content": "If the price is affordable, I\u2019ll purchase something just because I want it.", "correct": "True", "conclusions": {"timetostarttrimming": 1}}, {"content": "If something is on sale, I generally buy it, whether I need it or not.", "correct": "True", "conclusions": {"timetostarttrimming": 1, "savingiscrucial": 1}}], "title": "How often do you buy things on impulse?"}, {"image": {"thumburl": "http://photos2.demandstudios.com/DM-Resize/s3.amazonaws.com/photography.prod.demandstudios.com/083a189b-9f50-477d-8868-abfe5eeb0e6f.jpg?w=120&h=120&keep_ratio=1", "photoid": "uploaded/2016-09-08 11:18:09.977821", "credit": "Getty Images", "url": "http://s3.amazonaws.com/photography.prod.demandstudios.com/083a189b-9f50-477d-8868-abfe5eeb0e6f.jpg", "attributiontext": "Getty Images", "height": 3840, "caption": "", "attributionhtml": "Getty Images", "width": 5760}, "explanation": [], "answers": [{"content": "Yes, I plan to retire in 10 years or less.", "correct": "True", "conclusions": {"savingiscrucial": 2}}, {"content": "Yes, I\u2019m saving for a house.", "correct": "True", "conclusions": {"timetostarttrimming": 1, "savingiscrucial": 1}}, {"content": "Yes, I\u2019m planning to start my own business.", "correct": "True", "conclusions": {"timetostarttrimming": 1, "savingiscrucial": 1}}, {"content": "No. Financially speaking, I'm just trying to keep my head above water.", "correct": "True", "conclusions": {"babysteps": 2}}, {"content": "No, I have no significant plans for the next five to 10 years.", "correct": "True", "conclusions": {"timetostarttrimming": 1, "savingiscrucial": 1}}], "title": "Are you approaching a financial milestone in your life?"}, {"image": {"thumburl": "http://photos2.demandstudios.com/DM-Resize/s3.amazonaws.com/photography.prod.demandstudios.com/e6c1c97e-e7c1-46dd-90f9-a53965f31e11.jpg?w=120&h=120&keep_ratio=1", "photoid": "uploaded/2016-09-08 11:18:46.935072", "credit": "Getty Images", "url": "http://s3.amazonaws.com/photography.prod.demandstudios.com/e6c1c97e-e7c1-46dd-90f9-a53965f31e11.jpg", "attributiontext": "Getty Images", 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Starting a monthly budget? Find out how much you should be aiming to set aside each month based on your current income, expenses and goals.

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