---
title: How to plan a budget for condo reserves?
description: How do we know how much to add to condo monthly dues for a reserves cushion?
image: https://www.condoassociation.com/hubfs/Happy%20young%20couple%20calculating%20bills%20at%20home.jpeg
---

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# How to plan a budget for condo reserves?

| [Budgets & Finance](https://www.condoassociation.com/blog/topic/budgets-finance) |  

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## What do you think? Question:

Our new 4-unit condo has been in operation for about 2 years under a property management company. Now we would like to self-manage. We have a bare-bones budget, but what suggested percentage should we add to the monthly dues so we have at least a minimum cushion to pay unexpected bills which always seem to surface along the way? How much cushion has generally worked for other very small self-managed HOAs?

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## What do you think? Answers (9)

#### What are your thoughts on this topic?

***Comments and postings are not legal advice**, but are the opinions of our readers. This forum and its contents are being monitored. Please be respectful of each other. *  
  

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