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How much you should budget on food and rent if you make $50,000 a year

Meals and shelter are two obligatory objects in each family. With costs rising across the nation, it is useful to think about how one can alter your finances to pay for these necessities.

For one factor, discovering a method to cut back your spending in each classes will go a good distance towards liberating up money to succeed in different objectives or to organize for sudden prices.

CNBC crunched the numbers for an individual making $50,000 per 12 months to offer you an concept of how finest you may meet these important bills.

Try this video to study what your family spending ought to seem like each month.

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