Where is my money going?

One aspect of emergency preparedness involves the household finances. Sometimes we get to the end of a paycheck cycle or month and find ourselves wondering where all of money went. While the above comic strip may have a more pessimistic view on tracking the household expenses, it can save individuals a significant amount of money.

Today we want to highlight a very important budgeting tool for a household's financial success and preparation. This "Where is my money going?" calculator provides a way for you to keep tabs on where your money is going.

Why using this calculator can help:

• If we know where our money is going, we'll know if we are overspending.
• If we know what our money is being spent on, we know where we can make changes.
• If we make those changes, we can save money to reach financial goals such as paying off loans or other obligations more quickly.

Click here to try it out!