Profit First Calculator

March 25, 2025 / Resource

Using the Profit First philosophy, I put together a calculator that will help you benchmark your financial allocations based on your income.

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Kyle

4 Comments

Rob Marlbrough
Rob Marlbrough

This is awesome, and it def helps reframe priorities. Making more money of course helps, but adjusting expenses is almost even more important. Plug the holes in your boat, no matter it’s size. ~Rob

Karen Dec

Nice! I also do PF and already have a spreadsheet similar to this. I always pay myself, save, and set aside for taxes what it says (and anything extra in taxes after I pay quarterly taxes, I move to savings) BUT the new idea you just gave me is to go back and compare my ACTUAL expenses to the target amount for expenses, and see how close I am!

Alisha Thomas
Alisha Thomas

Very nice! My bank has “reserves” set up which are basically like envelopes within the account. So every time I have income come it, it allocates to my Owner’s Pay, Taxes, and Profit reserves based on the percentage I have set up. The main Available Balance is for expenses, with is when money is debited from automatically, but I can always reassign to the appropriate reserve. So it’s quite handy! But having this in a base makes it super easy to get an overview.

Is it possible to add the Resources in the navigation or have a landing page to view them all? Sometimes I want to go back and look at one but it is difficult to find them.

BJ Bowen

Nice! Same as Karen, I built out my sheet a long time ago — never even considered it’s something others might want. Mine is very similar to this and in Google Sheets. If anyone want’s the Google Sheets version, hit me up.