Advanced Budget Calculator
Take control of your finances with our comprehensive budgeting tool. Track income, expenses, and savings goals in one place.
Income
Fixed Expenses
Variable Expenses
Savings & Goals
Monthly Budget Summary
$1,250
After all income and expenses
$5,500
Total Income
$4,250
Total Expenses
22.7%
Savings Rate
Essential Expenses
$2,700
49% of your income
Discretionary Spending
$1,050
19% of your income
Expense Breakdown
| Category | Amount | % of Income |
|---|
Expense Categories
Budgeting Strategies
50/30/20 Rule
Allocate 50% of income to needs, 30% to wants, and 20% to savings/debt repayment. Our calculator helps you track these ratios.
Pay Yourself First
Prioritize savings by setting aside money before budgeting for expenses. Automate transfers to make it effortless.
Track Spending
Review expenses monthly to identify patterns and opportunities to reduce discretionary spending.