Recurring Expenses Calculator
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HOW TO USE THE RECURRING EXPENSES CALCULATOR
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1. Go to "File" -> "Download" and then download the spreadsheet to your computer.
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2. Open the file on your computer, and click on the "Recurring Expenses Calculator" tab on the bottom of the page.
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3. Input the names and amounts of all of your recurring expenses. Click the arrow next to the "Frequency of payment" cell and then select the drop down option that corresponds to how often you make that payment.
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4. The amount paid annually per expense will calculate automatically in each row.
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5. The amount paid yearly, monthly, bi-weekly, and weekly will calculate automatically at the bottom of the sheet.
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6. Use this information to look at how much you spend each year, month, and pay period.
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How I use this to help me save money:
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I look at how much I need to set aside for these expenses each pay period (for me, it's weekly) and I set it up so that my bank automatically saves that amount of money each week into an account where these expenses are taken out of.
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