Welcome to DoC SCRooGE
DoC SCRooGE is a FREE BUDGET CALCULATOR. In 10 minutes you will be on your way to managing your finances and releasing the grip debt has on your life.
Once you are finished you will be able to:
- Keep track of your expenses
- Work out how much cash you must pay to remove debt as quickly as possible
- Understand how much money you can spend on living your life, while still staying on top of expenses
- Jump start your savings
What makes DoC SCRooGE so useful is its ability to take a range of payments which occur at different periods of time and return accurate monthly data. For example, if you are paid monthly, yet have to pay rent weekly, you will encounter some months where you have to pay 5 lots of rent and others where you pay 4. DoC SCRooGE easily calculates how many payments are due for a given month and takes this into consideration when developing your savings plan.
Once you are finished you will be given a budget for the next 12 months. Follow these tips to ensure that you stick to it:
- Create automatic direct debits - This way you wont forget any payments and receive those nasty late fees
- Open a high interest savings account
- Transfer your credit card debts to cards that offer 0% on balance transfers... Then pay it off before the promotion period ends.
- CHOP UP ALL YOUR CREDIT CARDS!!! If you need a credit card for online purchases, etc, open a Visa Debit Account. Many cost almost nothing and give you the flexibility of using your own savings as a credit card.
- Be realistic. Trying to live off $20 a week so you can save more is rough... and more than likely you will end up using your savings.