=Personal FinanceTOOLKIT

Paycheck Budget

Set aside monthly bills from each paycheck.

Your numbers

Enter your numbers to see the result.

How Paycheck Budget works

Convert monthly bills and savings to yearly amounts, then divide by paychecks per year. Subtract those per-paycheck set-asides from each paycheck.

A worked example

These sample values illustrate the calculation. Use your own numbers in the calculator for your result.

Example inputs
Take-home pay per paycheck
1500
Paychecks per year
26
Monthly bills
1700
Monthly savings target
300
Available per paycheck
$576.92
Monthly equivalent pay
$3,250.00
Bills set aside per paycheck
$784.62
Savings per paycheck
$138.46

Assumptions and limits

Rates, fees and contribution schedules are the assumptions you enter. This estimate does not include changes you have not entered.

Educational estimate only. This is not personalized financial, investment or tax advice.