Skip to content

This application calculates your salaried or hourly paycheck, taking into account your tax filing status and working hours. You can test future purchases you want to make on a dummy starting balance. Additionally, this application allows you to calculate your budget from your calculated paycheck.

Notifications You must be signed in to change notification settings

ScottGeilen/MoneyManagingApplication

Folders and files

NameName
Last commit message
Last commit date

Latest commit

 

History

42 Commits
 
 
 
 

Repository files navigation

BankPaycheckTracker

$ java MoneyManager

Today is Thu Oct 29 00:49:00 EDT 2020
WELCOME TO SCOTTBANK
1 - Calculate paycheck
2 - Input spending from calculated paycheck
3 - Input spending from start amount
4 - Calculate budget
10 - Exit

1 - CALCULATE NEXT PAYCHECK.

Which employee type are you?

  1. Salary
  2. Hourly
    : 1

What is your salary wage?
: $60000
Your salary is $60,000.00

What is your pay frequency?
1. Monthly
2. SemiMonthly
3. BiWeekly
4. Weekly
: 3

BiWeekly paychecks.
First week hours: 40
Second week hours: 40
Your total work hours are 80.0

What is your filing status?

  1. Single
  2. Married Filing Jointly
  3. Head of Household
    : 1
    1
    Single. Your income tax is about 22.0%.

As a salaried employee:
- Your BiWeekly paycheck before tax will be $2,307.69
- Your BiWeekly paycheck tax is $507.69
- Your BiWeekly paycheck after tax will be $1,800.00

2 - Input spending from calculated paycheck

Weekly (1), or bi-weekly (2)? 2
Hourly wage: $60
First week hours: 40
Second week hours: 40

Your bi-weekly paycheck is $3908.00

Enter starting amount: $5000.00
Your starting amount is $5000.00

***Tip: Exit by '.123'.
How much is your purchase? $199.99
How much is your purchase? $149.99
How much is your purchase? $399.99
How much is your purchase? $499.99
How much is your purchase? $.123

You will spend $1250.08
You will have a balance of $3749.92

3 - Input spending from start amount

What is your starting amount?
: $1000
Your starting amount is $1,000.00

***Tip: Exit by '.000'.
How much is your purchase? $500
How much is your purchase? $200
How much is your purchase? $.00

You will spend $700.00
You will have a remaining balance of $300.00

4 - Calculate budget

CWELCOME TO SCOTTBANK
1 - Calculate paycheck
2 - Input spending from calculated paycheck
3 - Input spending from start amount
4 - Calculate budget
10 - Exit
4

CALCULATE NEXT PAYCHECK.
Which employee type are you?

  1. Salary
  2. Hourly
    : 1

What is your salary wage?
: $50000
Your salary is $50,000.00

What is your pay frequency?
1. Monthly
2. SemiMonthly
3. BiWeekly
4. Weekly
: 3

BiWeekly paychecks.
First week hours: 40
Second week hours: 40
Your total work hours are 80.0

What is your filing status?
1. Single
2. Married Filing Jointly
3. Head of Household
: 1
1
Single. Your income tax is about 22.0%.

As a salaried employee:
- Your BiWeekly paycheck before tax will be $1,923.08
- Your BiWeekly paycheck tax is $423.08
- Your BiWeekly paycheck after tax will be $1,500.00

***Tip: Exit by '.000'.
You have $1,500.00 left to budget.
Budget category: lasik
Budget amount: $250
You will allocate $250.00 for lasik
You have $1,250.00 left to budget.
Budget category: rent
Budget amount: $400
You will allocate $400.00 for rent
You have $850.00 left to budget.
Budget category: utilities
Budget amount: $200
You will allocate $200.00 for utilities
You have $650.00 left to budget.
Budget category: groceries
Budget amount: $150
You will allocate $150.00 for groceries
You have $500.00 left to budget.
Budget category: fun money
Budget amount: $250
You will allocate $250.00 for fun money
You have $250.00 left to budget.
Budget category: other
Budget amount: $250
Paycheck is successfully allocated
You will allocate $250.00 for other

With a total paycheck of $1,500.00, your budget consists of:
Category: other
Amount: $250.0
Category: fun money
Amount: $250.0
Category: rent
Amount: $400.0
Category: utilities
Amount: $200.0
Category: groceries
Amount: $150.0
Category: lasik
Amount: $250.0

About

This application calculates your salaried or hourly paycheck, taking into account your tax filing status and working hours. You can test future purchases you want to make on a dummy starting balance. Additionally, this application allows you to calculate your budget from your calculated paycheck.

Topics

Resources

Stars

Watchers

Forks

Packages

 
 
 

Languages