Home Budget Analysis


Let’s face it, managing your monthly budget can be depressing and overwhelming. It’s daunting to actually force yourself to see where you are spending your hard earned dough! So take a deep breath and get ready to take a look in the (financial) mirror. By entering your income and monthly expenditures, this calculator will show you where money is being spent and where you could be saving. In addition, you can click the ‘View Report’ button to compare your budget breakdown to our targets, which can help idenitfy areas for improvement.

Get the Java Plug-in!

For more information about this Plug-in please visit: SUN’s Java Plug-in

Definitions

Your income
Your total gross income from your paycheck.

Other income
Any other income that you receive including bonuses, alimony, child support or income from a business.

Federal tax withholding
Total amount withheld for federal taxes. Enter this amount from your pay stub.

State tax withholding
Total amount withheld for state taxes. Enter this amount from your pay stub.

Local tax withholding
Total amount withheld for local taxes. Enter this amount from your pay stub.

Other taxes and withholdings
Total amount withheld for any other taxes or miscellaneous item. Enter this amount from your pay stub.

FICA
Total withheld for FICA (Federal Insurance Contributions Act) is based on the gross income on your paycheck.

Medicare
Total withheld for Medicare based on the gross income on your paycheck.

Insurance and benefits
Total amount withheld for insurance and benefits by your employer. Enter this amount from you pay stub.

Company retirement savings plan
Total amount withheld from your paycheck that is deposited into a company retirement savings plan such as a 401(k) or 403(b).


Please note that all financial calculators require a browser that can display Java™ applets. For best results please use Explorer 7, Netscape Navigator 7 and higher, Macintosh Safari or Modzilla FireFox 1.0 and higher.


| Print

Any Thoughts?

*