Peace of Mind Fund Calculator

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There are two main reasons why we call it your Peace of Mind Fund:

First, words have meaning, and second, that which we focus on, expands.

At New Money Habits we believe in saving for what you WANT (peace of mind), not what you want to AVOID (emergencies). It seems like mere semantics, but words affect us on a subconscious level.

When you have money set aside for “emergencies,” you’d be shocked at what your brain can help you classify as an emergency.

But when you are faced with having to spend against your “peace of mind,” you’ll be amazed at how quickly you begin to find creative alternatives.

So let's get started and figure out how you can have some Peace of Mind.

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Name* This field is required.Please enter your name

First Name

Last Name

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Phone NumberPlease enter your phone number

Please enter a valid phone number.

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Email* This field is required.Please enter the email address you'd like to use to receive your results

example@example.com

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Monthly Household Take Home PayAverage Monthly Takehome Pay

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Monthly Food ExpenseAverage Monthly costs of Groceries and Dining Out

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Keeping a Roof Over Your HeadMonthly Rent or Mortgage Payment

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Keeping the Lights On and Water RunningAverage Monthly Utility Payments (Electric, Water, Gas, Garbage)

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TransportationTransportation Costs (Car Payment, Gas, Public Transit, Car Service ie: Uber)

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InsuranceMonthly Insurance Payments (Car, Health, Home Owner's / Renter's)

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Subscriptions and Other Monthly ExpensesCable, Streaming Subscriptions, Prescriptions, etc.

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Do you have any debt (Not including a Mortgage)?Credit Cards, Car Loans, Student Loans, Personal Loans, Back Taxes, etc)

YESNO

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How Much Debt Do You Have?

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Monthly Debt PaymentsMonthly Debt Payments (Minimum Required payments for all Credit Cards and Loans Except Mortgage)

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Do you currently have any money saved?

YESNO

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How much money do you currently have saved?Enter the current amount you have in savings. If you don't currently have anything saved, enter "0"

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Starter Peace of Mind Fund Calculation

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Three Month Peace of Mind Fund Calculation

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Six Month Peace of Mind Fund Calculation

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Debt YES and savings less than start

Hey {name}! It looks like you have about ${howMuch} debt with minimum monthly payments of ${monthlyDebt}, and you currently have ${howMuch29} saved. Based on that we recommend that you continue making the minimum monthly payments to the debt and save everything you can until you have {starterPeace} in you Peace of Mind Fund.

For more information and tips on next steps, verify your email on the next screen and then check your inbox.

The Team at New Money Habits is here to help you kick debt to the curb because debt sucks!

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Debt YES, Savings greater than Starter PoM, pay some debt

Hey {name}! It looks like you have about ${howMuch} debt with minimum monthly payments of ${monthlyDebt}. While true peace of mind is determined on an individual basis, for now, it's our suggestion that your Peace of Mind Fund should be about {starterPeace} and it looks like you have ${howMuch29}.

Based on that, we recommend that you and apply everything over {starterPeace} to your debt, and continue making payments until you kick debt to the curb! And once you do, your Peace of Mind Fund should be between {threeMonth} and {sixMonth}.

For more information and tips on next steps, verify your email on the next screen and then check your inbox.

The Team at New Money Habits is here to help you kick debt to the curb because debt sucks!

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Debt NO, Savings less than 3 month, Build PoM

Hey {name}! Based on the information you provided it looks like you have already kicked debt to the curb - Congrats!

While true peace of mind is determined on an individual basis, it is our suggestion that your Peace of Mind Fund should be between {threeMonth} and {sixMonth}, and it looks like you have ${howMuch29} saved. Continue to add to your savings until you have at least {threeMonth} in your Peace of Mind Fund.

For more information and tips on next steps, verify your email on the next screen and then check your inbox.

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Verify Email AddressPlease verify the email address where you'd like to receive your results.

example@example.com