Budget Calculator / Tool
This tool simulates the amount you can save based on your monthly income, annual income, and monthly expenses.
Monthly Income
Salary
$
Pension/Social Security
$
Other
$
Annual Income
Salary
$
Other
$
Monthly Expenses
Mortgage/Rent
$
Parking
$
Energy Bill
$
Telephone
$
Internet
$
Insurance
$
Tuition/Child Care
$
Food
$
Household
$
Entertainment
$
Other
$
Annual Expenses
Taxes
$
Car
$
Other
$
Total and Savings
| Annually | Monthly | Annually / 12 | |
|---|---|---|---|
| Income | 0 | 0 | 0 |
| Expenses | 0 | 0 | 0 |
| Savings | 0 | 0 | 0 |
How to use this tool
- Entering income and expenses calculates the total and the amount available for savings (surplus) on a monthly and yearly basis.
- By changing the input values, it can also be used for simulation when reviewing income and expenses.
Total / Savings
“Income” and “Expenses” are the amounts calculated below, respectively. “Savings” is the amount of “Income - Expenses” for each.
#1 Monthly
This is the total amount of “Monthly Income/Expenses”.
#2 Annually
This is the total amount of “#1 x 12 + Annual Income/Expenses”.
#3 Annually / 12
This is “#2 ÷ 12”.