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Weekly Cash Free Est

Weekly Cash Free=Income[inChoice,income,0,0,0]-Expenses[housing,0,0,0,food,HealthIns,CC,phone,0]
Income Source
Salaried Income
Work Hours
Hourly Rate
Other Income
Housing Expense
Car Payment
Car Insurance
Fuel Expense
Credit Card
Weekly Food Expense
Health Insurance
Cable or Satellite
Phone
Other Monthly Expenses
Other weekly Expenses

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

Examples