Personal financial planning tool

Track, plan, overcome, succeed!

Reach your financial goals with this easy-to-use personal financial planning tool.

The AVMA’s personal financial planning tool will help you build a personalized estimate of your budget needs so you can plan how to repay debt while also saving for your future. It makes setting up a budget easy by walking you through each essential step.

How long it takes to complete your budget with the tool varies from 30 minutes to a few hours.  You can start using the tool at any time, then save your information and return later to continue working.  It may be helpful to have certain financial documents or information available as you complete your budget, including these:

• Pay stubs
• Bills for utilities, phone, internet, streaming services, etc.
• Rent/mortgage payment information
• Vehicle lease or loan information
• Information on student loans and other debt (you may want to visit studentaid.gov to retrieve your federal student loan balances in advance)
• Credit card statements for up to a year
• Statements indicating your savings and retirement contributions
• Dues invoices for associations, clubs, or other organizations
• Charitable donation documentation
• Receipts for groceries, restaurants, entertainment, etc.

Once you have completed your budget, you can submit the data anonymously to receive a personalized report. You also can experiment with the tool's Scenario Mode to see how changes in your income or expenses would affect your budget.

Be sure to check out the AVMA's additional personal financial planning resources as well. Find student loan repayment and consolidation, cost-of-living comparisons, a calculator to compare buying vs. renting a home, and much more.