Personal Finance Calculators

YOUNG MONEY calculators to help calculate your net worth, do spending plan and home budget planning and make life insurance decisions.

• Home Budget

Managing your monthly home budget can be difficult and frustrating. YOUNG MONEY helps with step one for controlling your home budget and coming up with a home budget plan - to determine where your money is going and act as your personal budget planner.
One of the most important aspects of controlling your home budget is to determine where your money is going. This calculator helps you do just that. By entering your income and monthly expenditures, you can see how much you have left to save and where your money is being spent. In addition, you can click the "view report" button to compare your budget breakdown to our targets, which can help identify areas for improvement.

• Life Insurance Calculator

The life insurance calculator helps you analyze all the factors to consider when seeking life insurance coverage. Remember that you need to cover anything you were financially responsible for in life, once you pass. If you are the main bread winner in your family each year, you will need to cover multiple years of your take home pay.
How much life insurance do you really need? Find out here!

• Net Worth Calculator

Your net worth is the value of all of your assets, minus the total of all of your liabilities. Put another way, it is what you own minus what you owe
If you owe more than you own, you have a negative net worth. If you own more than you owe you will have a positive net worth. This calculator helps you determine your net worth. It also estimates how your net worth could grow (or shrink!) over the next ten years.

• Spending Plan Calculator

The spending plan calculator can show you how reducing your spending can be worth more than you might think. Use this YOUNG MONEY calculator to see just how much your budget reductions may be worth if you were to invest your money.