Home Budget Calculator
From Coast Capital Savings
As you try to define your financial priorities and the income that you need to get from your business, it’s a good idea to review your personal budget. There are many online tools to help you, and this home budget calculator from Coast Capital Savings is a good example of an online calculator you can use.
While you are looking at your budget, try to identify:
- How much you have to invest in your business
- How much (roughly) you’d like to make in years 1, 2 and 3
- Your bottom line (the net income you need to meet your personal expenses)
If you know very little about finances and how they work, consider working through our Financial Understanding learning guide. It will help you determine your personal net worth and create the financial foundations for your business.