Monthly Budget Calculator
Track your income and expenses, compare against 50/30/20 guidelines, and see where your money goes.
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Expenses
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Budget Summary
Total Expenses$4,150
Remaining$1,850
Savings Rate8.3%
50/30/20 Comparison
The 50/30/20 rule: 50% needs, 30% wants, 20% savings.
Needs52.5% / 50% target
$3,150 actual$3,000 target
Wants8.3% / 30% target
$500 actual$1,800 target
Savings8.3% / 20% target
$500 actual$1,200 target
Expense Breakdown
Housing25.0%
Utilities3.3%
Food10.0%
Transportation6.7%
Insurance5.0%
Healthcare2.5%
Savings8.3%
Entertainment3.3%
Other5.0%
Expenses by Category
Health Check
- ✓Housing under 30% of incomeCurrently 25.0% of income
- !Saving at least 20% of incomeCurrently saving 8.3%
- ✓Income covers all expensesSurplus of $1,850/mo
- ✓Wants under 30% of incomeCurrently 8.3% of income