Everyday
Calculation method and formula
Net income − Housing − Groceries − Transport − Insurance − Leisure − Other expenses
Understand the inputs
- Net income
- Use a measured value or your own assumption.
- Housing
- Use a measured value or your own assumption.
- Groceries
- Use a measured value or your own assumption.
- Transport
- Use a measured value or your own assumption.
- Insurance
- Use a measured value or your own assumption.
- Leisure
- Use a measured value or your own assumption.
- Other expenses
- Use a measured value or your own assumption.
Assumptions and limitations
Only the income, expenses and committed costs entered are included. A negative result shows a calculated shortfall. Use a consistent period and avoid duplicate items.
The formula uses the specified units. Displayed numbers are rounded; whole packs, item counts and full time periods may also be rounded within the calculation.