Chromatical's Income Distribution Calculator

Chromatical's Income Distribution Calculator

$39.00

If you're anything like me, finances aren't your strength. You're a creative of some sort, and the $$ side is confusing as all get out. That's me. That’s why Chris made us some super helpful calculators for our own business, that we’re now offering you too!

This calculator is based off the Profit First concept combined with the Barefoot Investor (Though, we are in no way affiliated with either of them - we made these ourselves). We highly recommend reading/listening to those books to help empower yourself around money! It definitely did it for us.

Their concept is to distribute money into different bank accounts to make sure you pay yourself profit first and so that you have money available to you for the things you need in business/life, and you're not scrambling/stressed when you get a bill, or it's tax time!! This has been invaluable to us but it was a job in itself to work out the percentages each week. So we made a spreadsheet calculator to make it all super easy.

This is a Google Sheets spreadsheet where you simply input the amount of money that’s in your income bank account, and then based on the bank accounts you’ve got set up and the percentages you allocate to those bank accounts, it automatically tells you how much you need to transfer so you don’t need to do the maths manually each time.

EG: If you have $2147 come in that week, you type that in, and it breaks down the amounts to distribute to your other bank accounts to ensure you have money aside for tax, profit, spendings, super, reordering stock, expenses etc.

It’s completely customisable so whatever accounts you need, you can use! It’s all about making sure you have money put aside for the things you need so that you’re no longer reactive and stressed when it comes to finances.

This purchase comes with…

  • A video walkthrough/explainer of the spreadsheet/calculator and how to use it!

  • The customisable spreadsheet (with examples in a separate tap)

  • A PDF with more about it, and how we use it!

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