Budgeting Calculator

Plan your monthly budget with income and expense tracking.

📋

Monthly Budget

Enter your monthly income and expenses.

Monthly surplus / deficit
$0
Savings rate: 0%
Total expenses
$0
Total savings
$0
Surplus / deficit
$0
Savings rate
0%
Housing %
0%
Annual savings
$0

Worked example

With the default inputs shown below, this calculator returns the following results:

InputValue
Monthly income (after tax)5000
Housing1500
Food & groceries600
Transportation400
Utilities300
Entertainment400
Savings500
Other500
ResultValue
Monthly surplus / deficit+$800
Total expenses$3,700
Total savings$500
Surplus / deficit+$800
Savings rate26.0%
Housing %30.0%

Values shown are produced by this page in your browser; change any input to update them.

How to use the Monthly Budget

  1. Monthly income (after tax) — default 5000
  2. Housing — default 1500
  3. Food & groceries — default 600
  4. Transportation — default 400
  5. Utilities — default 300
  6. Entertainment — default 400
  7. Savings — default 500
  8. Other — default 500
  9. Press Calculate to update the results instantly.

Frequently asked questions

Write down your take-home pay, then list fixed costs first (rent, utilities, debt minimums). Whatever remains is what you can split between saving and spending.
Needs 50%, wants 30%, savings and extra debt payments 20% of take-home pay. It is a starting point, not a law — adjust to your city and income.
Budget on your lowest recent month, then treat anything extra above it as a bonus you allocate deliberately rather than spending it by default.

Sources & references