Budget Calculator
Take control of your finances. Create a personalized budget and see exactly where your money goes.
Income & expenses
Enter your monthly income and expenses
Use your take-home (after-tax) pay, not your gross salary.
Budget summary
Your monthly financial overview
Remaining budget
$2,650
Total income
$5,000
Total expenses
$2,350
Savings rate
53.0%
Target: 20% or more
Spending breakdown
Where your money goes
Expense comparison
Compare your spending categories
Popular Budgeting Rules
50/30/20 Rule
The most popular framework: 50% for needs (housing, food, utilities), 30% for wants (entertainment, dining out), and 20% for savings and debt repayment. Great for beginners who want a simple, flexible structure.
70/20/10 Rule
Spend 70% on living expenses (needs and wants combined), put 20% toward savings and investments, and give 10% to debt repayment or charitable giving. Useful if you're already saving aggressively and want a cleaner two-bucket split.
Zero-Based Budgeting
Every dollar gets assigned a job, so income minus expenses equals zero. You're not spending everything; you're intentionally directing every dollar to a category, including savings. Championed by Dave Ramsey and EveryDollar. Best for detail-oriented people, or anyone who has struggled with overspending.
Pay-Yourself-First
Before paying any bill, automatically transfer your savings target to a separate account. Spend the rest however you like. Popularized by David Bach's "Automatic Millionaire," this method works because it removes willpower from the equation entirely.
80/20 Rule (Pareto Budget)
Save 20% of every paycheck first, then spend the remaining 80% however you choose without tracking categories. Simpler than 50/30/20 and ideal for people who find detailed budgets overwhelming but still want to build wealth consistently.
Remaining budget
$2,650
Savings rate
53.0%