This equation computes the weekly cash that you may have when you subtract all your expenses from your total income.
Inputs
Income Source - a pull-down selection of salary or hourly income. If you select salary, you must enter a value for the Salaried Income field. If you select hourly, you must enter a value in both the Work Hours and Hourly Rate fields. The Work Hours and Hourly Rate fields default to zero.
Salaried Income - the monthly payroll amount you receive as salary. Set this value to zero if you chose hourly from the pull-down selection for Income Source.
Work Hours - the number of hours you work each week if you have chosen hourly from the pull-down selection for Income Source.
Hourly rate - the hourly pay rate your receive if you have chosen hourly from the pull-down selection for Income Source.
Other Income - sum of all other sources of income by monthly amount (such as student loans or investment income)
Housing Expense - the monthly rent or house payment
Car Payment - a monthly car payment if applicable. This input defaults to zero but can be modified.
Car Insurance - monthly premium for car insurance. This input defaults to zero but can be modified.
Fuel Expense - an estimate of your weekly fuel expense for a vehicle. This input defaults to zero but can be modified.
Credit Card - an estimate of monthly payments made on all credit cards or total of the minimum monthly payments if you carry a balance on any credit cards
Weekly Food Expense - an estimate of your weekly expenditures for nourishment
Health Insurance - monthly premium for Health insurance
Cable or Satellite - monthly cost of services for cable or satellite -- to include internet if included
Phone - monthly cost of you cell phone -- to include land-line service if you still have a land-line
Other Weekly Expenses -- a sum of any expenses not included above that are weekly expenses
Other Monthly Expenses - a sum of any expenses not included above or as Other Weekly Expenses that are paid monthly