Is this budget based on actual tracked data from at least several months, or is it an aspirational budget? As others mentioned, you seem to be missing some categories.
First, the budget:
- Phone bill is very high for one person, shop around to lower this
- Grocery is insane! Does this include eating out, alcohol, or household purchases like toilet paper, paper towels, etc? Where do you live? In most of the US, it's not too hard to feed a family of 4 on that amount. Cut that down by at least half.
- You don't need a $75 haircut EVERY MONTH. A haircut that expensive should grow out well and be good for at least 2-3 months, even if you have fast-growing hair. Better yet, learn to cut your own hair.
- $3000/yr on clothing is incredibly high. Shop secondhand, sales, and most importantly, don't buy new things unless they're replacing worn-out pieces you can't wear anymore.
Second, the savings plan:
- What is the purpose of the "Opportunity Act?" Is this intended to be your emergency fund, car replacement fund, etc? Why is it being kept in a checking account rather than a higher interest savings account?
- What is the difference between the "Real Estate Act" and the "Opportunity Invst Act?" Why is the "Real Estate Act" being kept in a checking account rather than a savings account?
Personally, it looks like you're trying to do too many things at the same time. Read the Investment Order that Laura posted. If you really want to get into Real Estate, set aside a single account to use when the right opportunity comes along. Once you have a robust emergency fund and are sure your budget includes ALL your spending, I'd divert the "opportunity act" money to Vanguard instead. This is assuming that your budget is post-401k, or that you don't have access to one. Otherwise, follow the Investment Order.