To successfully manage your monthly budget, you first need to understand where your money is being spent. Our monthly budget calculator lets you see how much you have remaining at the end of the month and where your money is going. Simply input your monthly household income and expenditures.
Break Down Your Monthly Budget With Our Calculator
By investing in a money market account, you can enjoy competitive interest rates while having easy access to your funds. Nationwide Bank® also offers competitive CD interest rates and flexible terms, from 3 months up to 5 years.
With Nationwide online banking, you have access to a free online budget tool. Learn more about the free personal financial management tool.
Gross amount paid – Total gross income from your paycheck.
Other income – Income you receive from other sources, including bonuses, alimony, child support or income from a business.
Federal tax withholding – Total amount withheld for federal taxes, as stated in your pay stub.
State tax withholding – Total amount withheld for state taxes, as stated in your pay stub.
Local tax withholding – Total amount withheld for local taxes, as stated in your pay stub.
Other taxes and withholding – Total amount withheld for local taxes, as stated in your pay stub.
FICA – Total amount withheld for Federal Insurance Contributions Act (FICA), based on your paycheck's gross income.
Medicare – Total amount withheld for Medicare.
Insurance and benefits – Total amount withheld for insurance and benefits by your employer.
Company retirement savings plan – Total amount of your paycheck being deposited into a company retirement savings plan such as a 401(k) or 403(b).