1. A B C
1 Yearly Living Expenses Amount Description
2 Taxes Property, State, Federal taxes etc.
3 Rent / Mortgage Rent or mortgage / Apartment or house
4 Family Costs Day Care, School Events, College Fund etc…
5 Utilities Electricity, water, sewer, gas, oil etc..
6 Vehicles Lease or payments, gasoline ,tolls, parking etc…
7 Maintenance Home, appliances, vehicles, computers etc…
8 Communication charges Fax, internet, phone(s), cable
9 Clothing Spouse,Kids, work etc..
10 Insurance Liability, health, life, renters etc…
11 Legal fees Cost for any legal support that might be required
12 Licenses / permits renewal Professional etc…
13 Accounting CPA, H&R Block etc…
14 Food Groceries
15 Associations / magazines Neighborhood, condo etc..
16 Training / continuing education Cost for continued training and education
17 Retirement Savings Annual savings for your retirement
18 Miscellaneous Anything missing in this list
19 Yearly Living Expenses: Sum B2:B18
20
21 Yearly Personal Expenses Amount Description
22 Entertainment Movies, Birthdays, Anniversary, Grandchildren etc…
23 Travel Tickets (air, bus, taxi, gas, hotel etc…
24 Miscellaneous / Personal Costs Anything not in this list
25 Miscellaneous / Personal Costs Anything not in this list
26 Miscellaneous / Personal Costs Anything not in this list
27 Yearly Personal Expenses: Sum B22:B26
28
29 Payable Working Hours Amount Description
30 Days of vacation How many days vacation do you plan per year
31 Average hours / week How many hours per week you work a normal week
32 Average hours / day How many hours per day you work a normal week
33 Average workdays / week How many days per week you work a normal week
34 Sick days / year How many days per year you are sick
35 Public holidays / year How many public and religious holidays per year
36 Yearly Hours Worked: (52-B30/B33) x B31- (B34+B35) x B32)
37
38 Needed Salary Amount Description
39 Yearly living expenses B19
40 Yearly personal expenses B27
41 Yearly payable working hours B36
42 Yearly wanted savings Your targeted yearly savings (personal NOT retirement)
43 Calculated hourly rate (B39+B40+B42) / B41
44 Break-even hourly rate (B39+B40) / B41
45 Annual Salary Rate B43xB41
http://www.linkedin.com/pub/timothy-conrad/49/702/60a/
PERSONAL SALARY NEEDS CALCULATOR
