Budget Calculator
Analyze your income and expenses to plan your monthly budget.
Income Items
Expense Items
This calculator is for informational purposes only. Results are estimates and may differ from actual values.
Total Income
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Total Expenses
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Net Balance
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Category Breakdown
| Category | Amount | Percentage |
|---|
50/30/20 Budget Rule Analysis
| Ideal Ratio | Your Ratio | ||
|---|---|---|---|
| Needs (50%) Housing, bills, food, transportation | %50 | %0 | |
| Wants (30%) Entertainment, dining out, hobbies | %30 | %0 | |
| Savings (20%) Savings, investments, debt repayment | %20 | %0 | |
Info
A popular budgeting method that suggests allocating 50% of your income to needs (rent, bills), 30% to wants (entertainment, hobbies), and 20% to savings and debt repayment.
First, list all your income sources, then categorize your expenses. Calculate the difference between income and expenses to determine your savings potential.
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