Our monthly expenses calculator helps determine how much you spend in total on mortgage payments and/or rent, utilities, food, clothing, education, child care, and more. An itemization of your living expenses can help you budget better, plan for future expenses, and look for ways to increase savings.
Our spending habits calculator can help you recall and itemize your living expenses.
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The results are hypothetical based on your input. Your results will vary. Any rates used are for illustrative purposes only and does not represent performance of any actual financial vehicle/strategies. Neither New York Life Insurance Company not its agents provide tax, legal or accounting advice. Please consult your own tax, legal or accounting professional before making any decisions.
Don’t guess your expense budget—pull up the last three months of credit card or bank statements. The numbers don’t lie.
Hack your habits.
Some experts believe that paying for expenses with cash instead of a credit card prevents overspending, because cash feels more tangible.
We have the tools and products you need to help you plan your financial future.