Free Tool
Budget Calculator
Enter your income and expenses to visualize exactly where your money goes each month.
$
Monthly Expenses
Housing
$
Transportation
$
Food & Groceries
$
Utilities
$
Insurance
$
Entertainment
$
Savings & Investing
$
Debt Payments
$
Personal Care
$
Miscellaneous
$
Breakdown
Housing$0
Transportation$0
Food & Groceries$0
Utilities$0
Insurance$0
Entertainment$0
Savings & Investing$0
Debt Payments$0
Personal Care$0
Miscellaneous$0
The 50/30/20 Rule
A popular budgeting guideline: allocate 50% of income to needs, 30% to wants, and 20% to savings & debt repayment.
50%
Needs
Housing, food, utilities, insurance
30%
Wants
Entertainment, dining out, hobbies
20%
Savings
Emergency fund, retirement, debt