Enter Your Monthly Figures

Monthly Income

Primary Take-Home Pay ($)

After tax, net income per month

Other Income ($)

Side work, freelance, benefits

Fixed Expenses (same each month)

Housing ($)

Rent or mortgage payment

Car / Loan Payment ($)

Insurance ($)

Health, auto, home/renters

Debt Payments ($)

Student loans, credit card min.

Variable Expenses (change monthly)

Groceries ($)

Utilities ($)

Electric, water, gas, internet

Transport ($)

Fuel, transit, parking, Uber

Dining & Takeout ($)

Entertainment ($)

Streaming, hobbies, going out

Clothing & Personal ($)

Savings & Investments

Savings Target ($)

Emergency fund, retirement, goals

Investments ($)

Stocks, 401k, index funds

Healthcare / Medical ($)

Childcare / Education ($)

Subscriptions ($)

Netflix, gym, apps, magazines

Miscellaneous ($)

Gifts, pets, home maintenance

Budget Method

Choose how you want to view your results

Housing & Property

Rent / Mortgage ($)

Rent or mortgage incl. HOA

Property Tax ($)

Home / Renters Insurance ($)

Home Maintenance ($)

Transportation

Car Insurance ($)

Fuel / Gas ($)

Parking & Tolls ($)

Rideshare & Transit ($)

Vehicle Maintenance ($)

Food & Dining

Coffee & Drinks ($)

Work Lunches ($)

Alcohol & Bars ($)

Health & Wellness

Gym & Fitness ($)

Dental & Vision ($)

Pharmacy & Supplements ($)

Therapy & Mental Health ($)

Utilities & Tech

Internet ($)

Phone Bill ($)

Streaming Services ($)

Software & Apps ($)

Family & Personal Care

Hair & Personal Care ($)

Pets ($)

Gifts & Celebrations ($)

Children Activities ($)

Elder / Family Care ($)

Education & Learning

Tuition & Courses ($)

Books & Learning ($)

Entertainment & Hobbies

Gaming ($)

Hobbies & Crafts ($)

Events & Outings ($)

Travel & Vacation ($)

Debt & Financial

Credit Card Payments ($)

Student Loan ($)

Personal Loan ($)

Life Insurance ($)

Accounting & Tax Fees ($)

Additional Savings Goals

Emergency Fund ($)

Retirement Savings ($)

Home Purchase Fund ($)

Vacation Fund ($)

Other

Charity & Donations ($)

Laundry & Dry Cleaning ($)

Storage Unit ($)

Alimony / Child Support ($)

Union / Professional Dues ($)

Lottery / Gambling ($)

Your Budget Summary

Fill in your income and expenses on the left and click Calculate to see your full monthly budget breakdown.

Monthly Budget Balance

$0.00

surplus after all expenses

Income vs. Spending

Total Monthly Income —

Fixed Expenses —

Variable Expenses —

Savings & Investments —

Total Expenses —

Unallocated Balance —

Savings Rate 0%

Expense Rate 0%

Expense Breakdown

Income vs. Total Expenses vs. Savings

Example Budgets — click to load

How to Use This Budget Calculator

This tool helps you build a clear picture of your monthly money flow. Start by entering your take-home pay — what actually lands in your bank account after taxes. Then fill in each expense category.

Once you click Calculate, you will see your total income, total expenses, unallocated balance, and savings rate all in one place. A positive balance means you have money left over. A negative balance means you are spending beyond your means.

Use the Advanced Options to add healthcare, childcare, subscriptions, and other spending that does not fit the main categories. You can also switch to the 50/30/20 comparison or zero-based budget view. If you run a company or side hustle, try the business budget calculator to separate personal and business finances.

Budget Balance Formula

The core calculation is simple:

Total Income = Primary Pay + Other Income
Total Expenses = All fixed + variable + savings lines
Budget Balance = Total Income – Total Expenses
Savings Rate = (Savings ÷ Income) × 100
Expense Rate = (Expenses ÷ Income) × 100

Example: Income $4,000 – Expenses $3,200 = $800 surplus. Savings $600 ÷ $4,000 = 15% savings rate. Want to plan ahead month by month? The budget planner calculator lets you map out your spending across future months in one view.

The 50/30/20 Budget Rule Explained

The 50/30/20 rule splits your take-home income into three buckets. It gives beginners a ready-made structure without tracking every purchase.

Category	Share	Examples
Needs	50%	Rent, groceries, utilities, transport, insurance
Wants	30%	Dining out, streaming, hobbies, clothing
Savings	20%	Emergency fund, retirement, debt repayment

If your needs consistently run above 50%, focus on reducing housing or transport costs first — they are usually the biggest fixed expenses. To break your monthly figures down further, the daily budget calculator shows exactly how much you can spend each day without going over.

Budget Improvement Tips

Pay yourself first. Move your savings amount out the day your paycheck arrives. What stays in checking gets spent.
List every subscription. Cancel anything you have not used in the past 30 days. Most households overspend on subscriptions by $50–150 per month.
Track variable spending weekly. Groceries and dining are the easiest categories to overspend without noticing.
Build a buffer. Keep at least one month of expenses in a separate account before investing.
Review monthly. Run this calculator every month to catch drift before it becomes a habit.

Need a faster overview without all the line items? The budget calculator gives you a quick income-versus-expenses check in seconds.

How Much to Save — Monthly Income vs. Savings Rate

Find your income row and see how much to save each month at 10%, 15%, 20%, and 25% savings rates. All values in $.

Monthly Income	Save 10%	Save 15%	Save 20%	Save 25%	Save 30%

50/30/20 Rule — Spending Targets by Income

Use this as a target guide for your monthly spending limits. Values in $.

Monthly Income	Needs (50%)	Wants (30%)	Savings (20%)

Annual Savings Projection (Monthly Savings × 12)

See how much you accumulate per year based on your monthly savings amount. Values in $.

Monthly Saved	1 Year	3 Years	5 Years	10 Years

How Much Rent Can You Afford?

Maximum recommended monthly housing cost (≤30% of income) by income level. Values in $.

Monthly Income	Max Housing (25%)	Max Housing (30%)	Remaining for Other Expenses

Average Household Budget Benchmarks by Country

Typical monthly spending percentages for key expense categories, based on public consumer finance data.

Country	Housing %	Food %	Transport %	Savings Rate
🇺🇸 United States	33%	12%	16%	~5–8%
🇬🇧 United Kingdom	28%	10%	14%	~10–13%
🇨🇦 Canada	30%	11%	13%	~7–9%
🇦🇺 Australia	27%	13%	15%	~9–12%
🇩🇪 Germany	26%	14%	14%	~17–20%
🇫🇷 France	24%	15%	13%	~15–17%
🇯🇵 Japan	22%	16%	14%	~20–25%
🇮🇳 India	18%	30%	10%	~25–30%
🇧🇷 Brazil	22%	20%	18%	~8–12%

Values are approximate averages based on publicly available household spending surveys and may vary significantly by region, income level, and household size.