Planning a lavish or a simple lifestyle? The Income Estimator will help you quickly match your income plans with your spending plans.
Life is FULL of things we want to do and ways we want to live. We rarely see how much income we need to cover our day-to-day cost of living. Want to enjoy life more with less financial stress? Use your Judging and Estimating Agility and match up your spending and your income. This starts with getting a ‘ballpark’ estimate of how much different lifestyles cost so you can see how much income you’d need to make to create that life. This can help with making career and lifestyle choices that match. There is no one right answer, it’s personal!
If you’re new to living on your own, or making a change in career income, how do you get a good quick estimate?
Answer 5 multiple choice questions and get your estimate by clicking “Try the Income Estimator” below.
Try the Income Estimator
The DeBruce Foundation Income Estimator helps you identify an income range you’ll need for your chosen lifestyle by answering five multiple-choice questions. It can also help you consider career and living options to make sure you get what’s most important to you in a financially smart way.
- If you are strongly motivated by a lavish lifestyle, you’ll be able to focus on career steps that will lead you to the highest pay levels, no matter how hard the path.
- If you have a passion to work in a field that pays less, but you will happily spend less at home, it’s reassuring to see how you can meet your goals.
- If it’s all new to you and you don’t know how far your new income will stretch, it’s much better to have an estimate and live within your means than to overspend and get in financial trouble.
- And if you are having trouble making ends meet no matter what you do, it’s not you – it’s just too tough to live on the lowest income levels and it’s time to make a change into something that pays more.
Note: This DeBruce Foundation experience is open to the public and is an activity on the EvolveMe™ platform. Learn more about our partnership with American Student Assistance.