Where does all your money go? This calculator will give you a quick look at how your monthly income and spending match up, which is the first step towards getting your expenses under control.
To use this calculator, you'll need to collect your spending data. What you're interested in is capturing the bulk of your expenditures. Ideally, you should collect spending data for a three to six-month period to determine how much you spend in a typical month for clothing, meals out, etc. If your expenditures fluctuate greatly throughout the year, you may need to examine a full 12 months of your spending patterns to obtain an accurate monthly average.
Tip: You will want to use the Hidden Expense Calculator first because the monthly number it generates is used in this calculator.