What This Tool Does
"The Monthly Budget Impact Tool is really helpful for getting a clear picture of how changes in my auto expenses would affect my overall budget. I just enter my current monthly costs for things like car payments, insurance, gas, and maintenance, and it shows me how my budget would look if those costs went up or down. For example, I recently looked at how my budget would change if I traded in my current car for a more fuel-efficient model.
How to Use It
When you use the Monthly Budget Impact Tool, the tool showed that while my monthly car payment would go up a bit, I'd save enough on gas to actually end up with a little more wiggle room in my budget each month. That kind of insight is invaluable when I'm trying to make smart financial decisions.
