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Debt Help Resources: Home Budget Calculator


Managing your monthly budget can be difficult and frustrating. One of the most important aspects of controlling your 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 just where your money is going. In addition, you can compare your budget breakdown to our targets, to help identify areas for improvement.

Credit Counseling Resources: Professional Debt Help

If you are having trouble keeping up with minimum payments on your credit cards, you may need professional debt help services. Family Credit Management Service is a non-profit Christian credit and debt counseling service, specializing in helping individuals become debt free…and stay that way. We offer an alternative solution to bankruptcy that allows us to work with your creditors and establish one manageable monthly payment that can cut years off your debt. For more information, call us at 800-994-3328, or complete our online enrollment form and one of our certified credit counselors will contact you to help you get started.

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Definitions
Your income Your total gross income from your paycheck
Other income Any other income that you receive including bonuses, alimony, child support or income from a business
Federal tax withholding Total amount withheld for federal taxes. Enter this amount from your paystub.
State tax withholding Total amount withheld for state taxes. Enter this amount from your paystub.
Local tax withholding Total amount withheld for local taxes. Enter this amount from your paystub.
Other taxes and withholdings Total amount withheld for any other taxes or miscellaneous item. Enter this amount from your paystub.
FICA Total withheld for FICA based on the gross income on you paycheck
Medicare Total withheld for Medicare based on the gross income on you paycheck
Insurance and benefits Total amount withheld for insurance and benefits by your employer. Enter this amount from you paystub.
Company savings plan Total amount withheld from your paycheck that is deposited into a company savings plan such as a 401(k) or 403(b)

Credit Counseling Service - Additional Resources

At Family Credit Management Service, we offer a wealth of personal money management and debt help information. If you are in a stressful financial situation and unable to make minimum payments on credit cards, call us at 800-994-3328 or complete our online enrollment form and one of our certified credit counselors will call you to discuss your situation. As a Christian credit and debt counseling service, our resources are extensive and our expert credit counselors can help you gain control over your personal finances and get started on the road to financial freedom.


Information and interactive calculators are made available to you as self-help tools for your independent use. We can not and do not guarantee their accuracy or their applicability to your circumstances. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.

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