AngularJS calculator that will help you see where you're going if you allocate your money properly.
Not saving has consequences. Not investing has bigger consequences. The tool is very simple:
The 70/20/10 percentages are based on the wisdom from The Richest Man in Babylon and to some degree, Rich Dad, Poor Dad.
However, as your income grows you will want to alter this balance. Assets are better than savings, and should be focused on greatly.
Amount you currently have in checkings
Maximum amount of cash that you want to have each month in your checkings. The remaining from your income/mo will roll over to savings and assets.
Amount you currently have in savings.
Amount you currently have in assets (real assets that appreciate)
Amount you'll expect it to appreciate it per annum. This is pure speculation so be conservative with your estimate.
Amount you make per month.
Amount you spend per month.
These percentages are how much of your income/mo that you want to go to the various areas.