Monthly budget calculator
Find out how much money will you have at the end of each month after you pay for school, books, room and board and other expenses. Use this calculator to itemize your income and expenses, and see how much cash you’ll have left over each month.
Generally speaking a budget calculator is a good idea but whatever data you enter in there will be forgotten the next time you need to use it. moneyStrands eases the process by providing automatic data importation and spending analysis. Think of moneyStrands as your smart and automated monthly budget calculator.
Just like mom and dad trying to finance the house or family car, junior’s big purchase can be made with a little financial planning. Use the “Your Money’s Worth” youth budget calculator as a quick-help tool when planning your next big purchase.
List the amounts of money you owe for all Priority Arrears or Debts on your calculator and the amount of any repayment arrangements you have agreed. Noting the date these repayments will finish will help you see when additional monies will become available to you.
Review your budget on a regular basis or if there is a change for example when a debt is repaid or you receive additional income. If you find you have more money to spare each week/ month increase your savings or debt repayments. Set yourself some goals and ensure you are making your money count for you!
The Budget Planner is therefore designed so you can enter how often you buy certain items and, rather than the typical 20 categories of spending, has over 90 (many added due to users’ suggestions) to ensure you don’t miss anything.
Use the calculator to review your current household budget and determine how much money you will have left over after all your expenses and new mortgage payment. Remember, you want to “live in” a home not “live for” a home. It is important to make sure you will have enough money left over after paying all of your bills and mortgage payments as you do not want to live check to check.
Budgeting has always been one of the most difficult tasks. Most people assume that budgets restrict your daily use of money, so they avoid the budgeting practice. In reality, budgets can help people stay grounded in financially troubling times and guide us in the right path to financial freedom.