Income Definitions

Income Definition

Average Minimum Income

UsableCash.com does not ask for, or take into account, your entire income or paycheck, simply because it calculates the minimum, or least amount of funds, needed per pay period (or deposit cycle for self employed), to cover all the entered expenses, over a 5-year rolling period.

This calculation is what is referred to as your "Average Minimum" income.

All you enter is:

your main income source, could be as simple as "My Income" or "Second Income", and
how often that income is received, or how often you plan to deposit or transfer into your “Bill Account”.

In Step #3 - in order to avoid over-projecting your income

Enter at least the Average Minimum income amount, calculated by UsableCash.com, or
Enter up the least amount expected income.
If the actual income ends up being more than projected, this simply results in more Usable Cash.

Discovering your personal Average Minimum income

will be a "lightbulb moment!"
helps you decide if you can afford all the entered expenses, and if any changes, adjustments, deletions, etc. need to be made.

*Note: If self-employed, or paid intermittently, when entering the income dates, enter the date you plan on depositing or transferring the entered income amount into your Bill Account.

UsableCash.com is just the tool you need to help project how much is needed per deposit, or transfer, every payday; self-employed, or not.

UsableCash.com

Discover your AVAILABLE spending cash limit: TODAY & over 5-rolling years!

Income Definition

Average Minimum Income

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