Why Use the “Better than a Budget” Calculator?:

Simplicity and Accuracy: The “Better than a Budget” Calculator provides a straightforward and accurate way to manage your finances and prioritize savings for a change.

Instead of wrestling with complex budgeting tools, this calculator simplifies the process by allowing you to input your income, savings, and expenses directly. Its accurate calculations ensure that you get a realistic view of your financial situation, helping you make informed decisions about your spending and savings.

Real-Time Insights: With the “Better than a Budget” Calculator, you can see the immediate impact of your savings and tax deductions on your annual budget. This real-time feedback empowers you to adjust your financial planning on the spot, optimizing your financial health. By understanding your budget surplus or deficit after taxes and savings, you can better prioritize your expenses and focus on the financial goals that matter most to you.

Customizable Budgeting: The calculator goes beyond mere budgeting by allowing you to craft a personalized SAVINGS plan. After calculating your annual budget, you can fine-tune your monthly expenses, including rent, utilities, groceries, entertainment, and other categories. This level of customization gives you the freedom to align your budget with your unique lifestyle and financial aspirations. Whether you’re saving for a dream vacation or building an emergency fund, the “Better than a Budget” Calculator offers flexibility and adaptability to suit your financial needs.

How to Use this “Better than a Budget” Calculator:

1. Enter Your Income: Begin by entering your total annual income in the “Annual Income” field. Please ensure the amount is a valid number.

2. Savings and Taxes: Next, provide details about your savings. Enter the amount you save before taxes in the “Pre-Tax Savings” field and the percentage of tax you expect to pay in the “Tax %” field. Additionally, enter the amount you save after taxes in the “Post-Tax Savings” field. Make sure to input accurate figures.

3. Calculate Budget: Click the “Calculate Budget” button to determine your annual budget after accounting for taxes and savings. If your budget exceeds your income, you may need to review your savings and expenses.

4. Fill Out Your Budget: Once the annual budget is displayed, you can fill out your monthly budget. Enter the amount you plan to allocate for “Rent/Mortgage,” “Utilities,” “Groceries,” “Entertainment,” and any other relevant expenses.

5: Click the “Calculate Remaining Budget”: button to see your remaining monthly budget after accounting for expenses. This will help you plan your finances better.

Please ensure all values are accurately entered. If any fields contain invalid data, the calculator will prompt you to correct them.