Step 1 - Enter Your Monthly Income Click the "+" buttons to expand. After Tax Monthly Pay Your After Tax Monthly Pay Include income from your base salary and income. Do not count extra jobs or side hustles. Spouse's Monthly Take Home Pay Extra Monthly Income Other Monthly Income Off duty jobs, side hustles, etc. Total Monthly After Tax Income Step 2 - MonthlyExpenses Click the "+" buttons to expand. Housing and Utilities Rent/Mortgage Home Equity Loan or Second Mortgage Home Insurance (If paid separately) Property Taxes (If paid separately) Homeowner's Association (HOA) Fees Home Repairs & Maintenance Electric & Gas Water, Sewer, and Trash Phone Bill Internet and/or Cable Transportation Vehicle Payment Second Vehicle Payment Vehicle Insurance Gas Vehicle Maintenance Misc. Vehicle Expenses Groceries Groceries Household Goods Eating At Restaurants Personal Hygiene MedicalCo-Pays and other expenses not covered by insurance Prescription Drugs Term Life Insurance Clothing Misc. Expenses Haircut and/or Style Kids Child Care Expenses Child Support Payments School Tuition & Supplies Outstanding Debt Credit Cards Total minimum monthly payments Personal Loans Total minimum monthly payments Medical Debt Total minimum monthly payments Student Loans Total minimum monthly payments Tax Debt Payments Miscellaneous Debt Payments Misc. Expenses Hobbies Fun Money Monthly Subscriptions Vacations Church Tithe & Charitable Donations Animal Care Holidays & Birthdays Other Expenses Total Expenses We can't give you any results until you enter some income or expenses! Your Results Total Monthly Income Total Monthly Expenses Monthly Surplus (+) or Deficit (-) Suggestions An extra dollars each month? That's of your income... you're rocking it! If you are able to save 20% or more of your income, you will be very prepared for college and retirement! Suggestions Excellent! You have an extra dolloars each month, which is of your income! Keep working to get your savings to 20% of your income. If you can do that, you will be very prepared for college and retirement! If you haven't already, be sure to set up an emergency fund. Suggestions Not Bad! You have an extra dollars each month, which is of your income. But that's not as high as it should be. Make sure you have an emergency fund to make sure you are prepared for unexpected financial emergencies. If you're able, I suggest you save at least 10% of your income each month. Suggestions Yikes! Your expenses equal your income. You're living paycheck to paycheck. Don't worry, if you're living paycheck to paycheck, follow this guide to get out of debt and start building wealth! Suggestions Alert! You have a monthly shortage of , which is of your income. Don't worry, if you're living paycheck to paycheck, follow this guide to get out of debt and start building wealth! Suggestions Alert! You have a monthly shortage of , which is of your income. Don't worry, if you're living paycheck to paycheck, follow this guide to get out of debt and start building wealth! Need To Make Changes? Go back and edit your entries and hit "Recalculate" below, or hit "Reset" to clear the calculator and start over. We can't give you any results until you enter some income or expenses!
