Creating a budget from scratch can be a challenging task. Trying to determine a reasonable amount to allocate to each budget category can be difficult – especially if you don’t have records of your regular spending. It can be difficult to know if the budgeted amount is too little, too much, or an appropriate amount.
This tool helps you determine how much money to allocate to each main category in your personal budget. Just enter your income (after tax), how often you get paid, and the budget period. After you press submit a table will be generated with a proposal of how to allocate your income.
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Budget Allocation Tool