Personal Finances
Track and manage your personal finances with our comprehensive calculator. Input your income sources and expenses to get a clear picture of your financial health.
Income Sources
RM 5,000.00
RM 0.00
Monthly TotalRM 5,000.00
Expenses
RM 1,200.00
RM 900.00
Car maintenance (1.5 months of instalment) will be automatically calculated
RM 500.00
RM 300.00
RM 16.67
months
RM 250.00
Monthly TotalRM 3,166.67
Financial Summary
Weak
Total Monthly Income RM 5,000.00
Total Monthly Expenses RM 3,166.67
Income-to-Expenses Ratio0.67
Financial Health Status
Weak
Improvement suggestions:
- Review and reduce your monthly expenses
- Consider taking up a side job or freelance work
- Look for ways to increase your passive income
- Create a strict budget and stick to it
How is your financial health calculated?
Your financial health is determined by your Income-to-Expenses ratio:
- Excellent (Ratio < 0.3): Your expenses are less than 30% of your income, indicating strong financial health and good savings potential.
- Good (Ratio 0.3 - 0.5): Your expenses are between 30-50% of your income, suggesting manageable financial health but room for improvement.
- Weak (Ratio > 0.5): Your expenses exceed 50% of your income, indicating potential financial stress and limited savings capacity.
Note: This calculation considers your total yearly income and expenses, including all recurring payments and commitments.
Monthly Income Breakdown
SalaryRM 5,000.00
100% of total income
Passive IncomeRM 0.00
0% of total income
Monthly Expense Breakdown
HousingRM 1,200.00
38% of total expenses
TransportationRM 900.00
28% of total expenses
Personal LoanRM 500.00
16% of total expenses
Credit Card PaymentRM 300.00
9% of total expenses
Buy Now Pay Later PaymentRM 16.67
1% of total expenses
Necessities (Unifi, Electric and Water)RM 250.00
8% of total expenses
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