How It Works
Budgeting helps you meet your goals and prioritize your expenses. Creating a list of how much money comes in and how it’s spent is the first thing you should tackle when trying to figure out how to make a budget. This income budget calculator provides a way to create such an expense list. And, as you enter your information, this calculator will help you consider how to create a budget plan that will work efficiently for you. To use the calculator:
- Enter your monthly, after-tax income.
- Select Add Another to add an expense.
- Use the dropdown arrow for each expense to adjust the label or delete it entirely.
- To the right of each individual expense, enter its cost or how much you plan to spend.