**How much money you’re actually spending each month on average.** Your ‘Burn Rate’ is the amount of money you’re spending each month, on average. It’s variable, obviously, and is probably a good candidate for calculation using a rolling average. I like to use at least ~6 months for the [[Rolling Average]]. Your [[Budget]] should be set after closely analyzing your burn rate. If you subscribe to [[Flex Budgeting]], you'd have 3 burn rates for your Monthly, Non-Monthly, AND Flexible budgets. **** # More ## Source ## Related - [[Budget]]