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NEW: Carmen's Budget Calculator

Wednesday, 10 Sep 2008 | 12:35 PM ET

A few weeks back, Carmen wrote a very popular blog postabout how to calculate your monthly expenses without getting into debt. The thought being that if you know roughly how much of your take-home income you need to put toward each of your major expenses - housing, food, transportation, etc. - then you can breathe a little easier without worrying that you're sinking too much - or too little - into one thing.

The response was so great that we made Carmen's original pie chart an interactive calculator, so now all you have to do is plug in your monthly income and see exactly where you should be putting your hard-earned dollars.

Check the calculator out here and send it along to your friends! And use our Forums to discuss what you like, don't like, or what you want to see next.

>>Carmen's Interactive Budget Calculator

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