Spending Power (Purchasing Power)

Definition:
The amount of money you have available to comfortably spend each month after covering your essential expenses (such as rent, groceries, utilities, bills, and minimum savings).
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‍Why it matters:
It shows how much you can safely spend on non-essential purchases without hurting your financial stability.

Price of Item

Definition:
How much the item you want to buy costs — the full purchase price after taxes or shipping.
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Why it matters:
The calculator compares this cost to your monthly spending power to determine whether buying it fits your financial situation.

Urgency

Definition:
How soon you feel you need the item, based on your personal situation and goals.
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Urgency options explained:‍

• I need it ASAP:  You need it immediately because it affects your daily life, work, or well-being.
• It’s a long-term goal: The item is something you eventually want, not something you need now. You have time to save or plan for it.
• It’s important, but not urgent: The item matters to you but waiting a little won’t affect anything major.

Why it matters:
Your urgency level adjusts the calculator’s recommendation on how responsible the purchase is.