Budget Calculator
Enter your income and expenses to see exactly where your money goes — with real-time charts and personalized recommendations.
Monthly Income
Monthly Expenses
Budget Breakdown
Monthly Surplus
+$1,570Your Recommendations
Great work! You have a healthy surplus.
Consider increasing your savings or investing the difference.
Make sure your emergency fund is fully funded (3-6 months of expenses).
How to use this calculator
Enter your income
Add your monthly salary, freelance earnings, and any other income sources.
Add your expenses
Enter your monthly expenses in each category. Use your bank statements for accuracy.
Review your results
See your budget breakdown, surplus/deficit, and savings rate instantly update.
Frequently Asked Questions
How does the budget calculator work?
Enter your monthly income from all sources and your expenses by category. The calculator instantly shows your budget breakdown as a donut chart, calculates your surplus or deficit, and provides personalized recommendations based on your results.
What is a good savings rate?
Financial experts generally recommend saving at least 20% of your income. If that's not possible, start with 10% and gradually increase. Even saving 5% is better than nothing and builds the savings habit.
What should I do if I have a budget deficit?
First, identify your largest discretionary expenses (dining, entertainment, subscriptions) and look for cuts there. Then review fixed expenses like insurance and phone plans for potential savings. Finally, consider ways to increase your income.
How accurate is this calculator?
The calculator provides a snapshot based on the numbers you enter. It's as accurate as your inputs. We recommend tracking your actual spending for 2-3 months to get the most accurate numbers.
Is my data stored anywhere?
No. All calculations happen in your browser. We don't store, collect, or transmit your financial information anywhere.