Home Budget Calculator

Track expenses and monitor spending simply by entering your income and monthly expenses into our Home Budget Calculator. Where can you decrease discretionary spending? How can you grow your savings? This easy-to-use tool provides information you can use to improve your financial well-being.

Glossary
Gross amount paid

Your total gross income from your paycheck.

Other income

Any other income that you receive including bonuses, alimony, child support or income from a business.

Federal tax withholding

Total amount withheld for federal taxes. Enter this amount from your pay stub.

State tax withholding

Total amount withheld for state taxes. Enter this amount from your pay stub.

Local tax withholding

Total amount withheld for local taxes. Enter this amount from your pay stub.

Other taxes and withholding

Total amount withheld for any other taxes or miscellaneous item. Enter this amount from your pay stub.

FICA

Total withheld for FICA (Federal Insurance Contributions Act) is based on the gross income on your paycheck.

Medicare

Total withheld for Medicare based on the gross income on your paycheck.

Insurance and benefits

Total amount withheld for insurance and benefits by your employer. Enter this amount from your pay stub.

Company retirement savings plan

Total amount withheld from your paycheck that is deposited into a company retirement savings plan such as a 401(k) or 403(b).

Headquartered in Winston-Salem, North Carolina, and founded in 1949 within the aviation industry, Piedmont Advantage Credit Union (PACU) serves member-owners, who reside, work, worship, attend school or operate a business in one of the six counties it serves in North Carolina or who are employed by one of its many employer companies. These six counties are Davie, Forsyth, Guilford, Iredell, Mecklenburg and Rockingham.