ABCDEFGHIJKLMNOPQRSTUVWXYZAA
1
Bi-weekly income - Take home pay ($/paycheck)Net Income ($/mth)Note, at LSH we call it the Starter Emergency Fund. Dave Ramsey calls this Baby Step 1. Either way, this tool helps you save to $1,000.

We compare the difference of increasing the percentage saved per week to using the Habit of 10%.
2
$3,000.00$6,000.00
3
4
If you are new to savings and find it difficult, build the habit of saving by doing it every week, and increasing the amount you save as a percentage of the income
5
WeekPercentage allocated to saving (%)Amount to save from budget per week ($)Cumulative saved ($)Cumulative saved for Starter Emergency Fund of $1,000Number of weeks to save $1000 if a fixed percentage saved per week
6
11%$60.00$60.00 $60.00 0FALSE
7
22%$120.00$180.00 $180.00 0FALSE
8
33%$180.00$360.00 $360.00 0FALSE
9
44%$240.00$600.00 $600.00 0FALSE
10
55%$300.00$900.00 $900.00 0FALSE
11
66%$360.00$1,260.00 hit100016
12
77%$420.00$1,680.00 hit100017
13
88%$480.00$2,160.00 hit100018
14
99%$540.00$2,700.00 hit100019
15
1010%$600.00$3,300.00 hit1000110
16
1111%$660.00$3,960.00 hit1000111
17
1212%$720.00$4,680.00 hit1000112
18
19
20
If you can save at 10% straightoff, use the Habit of 10%
21
Week10% of savingsAmount saved per paycheckCumulative saved for Starter Emergency Fund of $1,000Cumulative saved for Starter Emergency Fund of $1,000Number of weeks to save $1000 if a fixed percentage saved per week
22
1$0.00$0.00 $0.00 0FALSE
23
210%$300.00$300.00 $300.00 0FALSE
24
3$0.00$300.00 $300.00 0FALSE
25
410%$300.00$600.00 $600.00 0FALSE
26
5$0.00$600.00 $600.00 0FALSE
27
610%$300.00$900.00 $900.00 0FALSE
28
7$0.00$900.00 $900.00 0FALSE
29
810%$300.00$1,200.00 hit100018
30
9$0.00$1,200.00 hit100019
31
1010%$300.00$1,500.00 hit1000110
32
11$0.00$1,500.00 hit1000111
33
1210%$300.00$1,800.00 hit1000112
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100