Essential spending is exactly that, all the things you have to pay every month. Things like bills, groceries, and housing costs.
When you activate your Credit Health we calculate this for you and show you insights to help you get money-strong.
To calculate Net income and essential spending yourself, add up all your income (after tax and deductions) and take away all your spending. Lenders like to see predictability for at least 6 months when considering you as borrower.