Monthly Spending Budget Ratio Calculator

Step 1: Monthly Bills

Rent/Mortgage Groceries Car Payment Gas/Transportation Utilities Phone/Internet Subscriptions Insurance Credit Card Payments Other

Total Monthly Bills: $0

Step 2: Income & Work

Monthly Income (After Taxes) Hours Worked This Month

Step 3: Rainy Day Fund

How much cash do you have saved?

Step 4: Your Spending Ratio

Spending Ratio: 0.00

Spending Ratio = Income ÷ Total Monthly Bills

Step 5: "The Number!"

The Number: 0.00

This is how much money you earned per hour worked this month.

Step 6: Rainy Day Months

You can live for: 0.00 months

Rainy Day Fund ÷ Total Monthly Bills

What It All Means

• Spending Ratio < 1.0 → You're overspending – try to cut back
• Spending Ratio = 1.0 → You're breaking even – use caution
• Spending Ratio > 1.0 → You have extra room – good job!
• The Number → How many dollars you earned per hour worked
• Rainy Day Months → How many months you could live without income