Hidden Expense Calculator

It is not difficult to calculate your regular, month to month expenses. The problem is that many people have hidden expenses that arise unexpectedly from time to time. The best way to deal with these expenses is to know what they are ahead of time. This way, you can budget for them in the same manner as your traditional bills.

Our hidden expense calculator will make it easy for you to identify these costs. The goal of the calculator is to help you determine how much money you need to set aside for hidden expenses each month.

Car Insurance - Enter the total amount of money that you spend on car insurance during a 12 month period.
Home Insurance - Enter the value that you spend on either home or renters insurance.
Extra Insurance - This value is for miscellaneous insurance items such as a policy for a boat, motorcycle, etc.
Life Insurance - Enter the value that you spend on disability, long term, and/or life insurance.
Vacation - Enter the value that you plan to spend on vacation.
Tuition - If you are taking college classes, enter the value of your tuition.
Birthday Gifts - Enter the value that you spend on birthday gifts for friends and family members.
Christmas Gifts - Enter the value that you spend on Christmas presents each year.
Other Gifts - Enter the value that you spend on miscellaneous gifts for occasions such as Mother's Day, Valentine's Day, etc.
Charitable Contributions - Enter the value that you donate each year.
Car Repair - Enter the value that you typically spend on car repairs and maintenance. Older cars require more money.
Home Repair and Maintenance - Enter the value that you expect to pay on home repairs and maintenance. If you are unsure, enter $500.
Automobile Taxes - Enter the value that you spend on automobile taxes such as inspection and emissions.
Property Taxes - Enter the value that you spend on property taxes. This may be part of your mortgage payment.
Medical and dental - Enter the value that you expect to pay for medical and dental expenses that are not covered by insurance.
Other - Enter anything else that may come up during the course of a year.
Click this button to calculate the total.
Total - This is the total amount that you spend annually on hidden expenses.
Monthly total - This is the total amount above, divided by 12. This is the amount that you need each month for hidden expenses.

Hidden Expense Calculator

Click this button to calculate the total.