Free Tool
Monthly Budget Calculator
Enter your income and expenses below to instantly see your spending breakdown, remaining balance, and savings rate — with a visual chart.
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Monthly Expenses
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Recommended: ≤30% of income$
Cook at home to save 40–60%$
Include fuel, transit & parking$
Electric, water, internet, phone$
Insurance, meds, appointments$
Streaming, dining out, hobbies$
Aim for at least 20% of incomeHow to Use This Budget Calculator
Start by entering your monthly take-home income (after taxes). Then fill in your monthly expenses across each category — housing, food, transport, utilities, healthcare, entertainment, and savings. Click Calculate Budget to instantly see your remaining balance, savings rate, and a visual breakdown chart.
Why Budgeting Matters
A monthly budget helps you understand where your money goes, avoid overspending, and consistently build savings. Financial experts recommend the 50/30/20 rule: 50% on needs, 30% on wants, and 20% on savings. Use this free tool every month to stay on track.