Day 2: Pop Quiz: What’s Your Take-Home Pay?

TODAY’S TASK: get a snapshot of your current pay and spending.

Pop quiz: How much is your monthly take-home pay?

If you’re like most people, you probably can’t answer that question off the top of your head. So, I want to help you change that! Today, I simply want you to add up your income for last month, after taxes. This isn’t complicated math, so you can mark it off the list quickly.

Thankfully, the HOPE Budget Manager makes this easy.

First, put in how much money you make each month. Then follow the instructions to track how much you spend in your big categories. Don’t take too much time working on this; we’ll come back to all of this later!

If it varies each month, use last month’s total for today’s exercise.

If you’re married or working multiple jobs, make sure to include those income sources too.

This may be super easy for some of you, but stay with me! Today’s task will set you up for success with the next few challenges coming up. 

If you prefer, you can track this using our free PDF worksheet.