Salary Conversion Calculator
It is also good to know your hourly rate to use as a basis for comparison when you make purchases. For example, if you make $20 per hour, a $60 dinner is equal to three hours of work. Is it worth it to you? If you keep your hourly rate in mind and couple with the 10 second rule, you will be able to better curb impulse buys. You will also have a clearer sense of how you chose to prioritize purchases and how much you spend in each financial category in comparison to your income. Knowing all of this will help you avoid overspending and acquiring credit card debt. It will also create guidelines to help you make the best possible financial decisions.