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Money basics calculators to see where you stand

These money basics calculators give you a clear snapshot before any bigger decision. Find your net worth, build a monthly budget, measure your savings rate, and use quick rules like the Rule of 72 and an inflation check to see how money changes over time. Finish with a pay conversion and a credit checkup, then a simple loan calculation to see how interest fits into everything else.

Which three numbers tell you the most?

Net worth

What you own minus what you owe. It shows where you stand today.

Monthly cash flow

Take-home pay minus spending. It shows whether you are moving forward or falling behind.

Savings rate

The share of income you save. It is a single figure you can track over time.

Step by step

What order works best?

  1. Snapshot your position

    Use the net worth calculator to total assets and debts.

  2. Map your month

    Use the budget planner to list income and spending, then the savings rate calculator to see the share you keep.

  3. Learn how money changes over time

    Use the Rule of 72 calculator to see how long money takes to double, and the inflation calculator to see what prices do to it.

  4. Fill in the gaps

    Convert hourly pay with the hourly to salary calculator, take the credit score checkup, and use the loan calculator to see how interest shapes any borrowing.

Why start with the basics?

Bigger decisions, such as paying off debt, buying a car or saving for a goal, are easier when you know your starting point. A budget tells you what you can afford; a net worth figure tells you what you have to work with.

These tools take only a few minutes each. Rerunning them every few months turns them into a simple progress report.

What should you gather first?

  • Recent pay stubs or income records
  • Account balances for checking, savings and retirement
  • Balances on every loan and card
  • A month or two of spending from statements
  • Rough values of a home or vehicle you own

Frequently asked questions

What counts as an asset when calculating net worth?

Anything you own that has value: cash, checking and savings balances, retirement and investment accounts, and the market value of a home, vehicle or other property. Use realistic values, not the price you paid. Debts such as loans and card balances are subtracted to get net worth.

Is a negative net worth a problem?

It is common, especially early in a career or after taking on student loans or a mortgage. What matters more is the direction over time. Rerun the net worth calculator every few months to see whether the figure is rising.

What savings rate should I aim for?

There is no single right figure, because it depends on income, goals and stage of life. The useful thing is to know your rate and raise it when you can. The savings rate calculator shows the share of your income you are saving now.

How does the Rule of 72 work?

Divide 72 by an annual rate of return to estimate how many years it takes money to double. At 6%, that is about 12 years. It is an approximation that works best for rates between about 6% and 10%; the Rule of 72 calculator compares it with the exact figure.

How do I convert an hourly wage to an annual salary?

Multiply your hourly rate by the hours you work each week, then by 52. At 40 hours a week, that is 2,080 hours a year. Paid time off, overtime and unpaid weeks change the result, which the hourly to salary calculator lets you adjust.

Does the credit score checkup pull my credit report?

No. It is an educational estimate based on answers you type in about your credit habits. It does not access your credit file or affect your score. For your actual reports, use the free federally authorized source listed on our resources page.

How does inflation affect my budget?

Inflation raises the prices of what you buy, so the same income covers less over time unless it rises too. The inflation calculator shows what a dollar amount today would need to be in the future to buy the same things.

How often should I review my budget?

A quick check each month and a fuller review when your income, rent or a major expense changes. Updating the budget planner and savings rate figures takes a few minutes and shows whether your plan still fits. Small, regular check-ins catch problems before they grow.

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Take a five-minute money snapshot

Start with the net worth calculator, then build your monthly budget.

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