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Concerned about your ability to meet future financial obligations for major items, such as education and retirement? Try this new AND free Interactive Budget Calculator.

It's one of the most powerful free budget tools you will find on the Internet. If you are wondering how much you should be spending in each budget category this tool provides in-depth answer. Answer a series of questions and then compare your totals with national averages taken from census data. Based on income, number of dependents and geographic location the calculator will compare your spending with others with similar demographics.

Budget calculator

Ready to start budgeting? Use this calculator to create your personalized spending plan.

Enter whole dollar amounts (no cents).
Do not use commas in values of $1000 or more.

Income
Monthly Gross Earnings
Subtract 28% for average withholdings
Monthly net income
Expenses
Housing		Grocery Items Grocery Items Includes food, toothpaste, shampoo, household supplies
Utilities Utilities Includes gas, water, electric, phone, cable, internet, etc.		Savings
Medical Insurance		Clothing
Student Loans		Other Credit Other Credit Includes credit cards, other loans
Misc. Expenses Misc. Expenses Includes child care, medical bills, prescriptions, haircuts, dry cleaning		Entertainment
Transportation ExpensesTransportation Expenses Includes car payment, gas, repairs, license, insurance, bus or taxi fare		Child Care
		Monthly expenses
		Annual expenses
Results
Monthly net income		Monthly discretionary income
Subtract monthly expenses		Annual discretionary income

If you've fallen behind on your bills, especially credit cards, don't panic. You may have several good options available to you. Your success starts by assessing your current situation and finding a trusted service provider that is licensed in your state.