Monthly Budget Planner

Track your income and expenses, see exactly where your money goes, and find out how much you can save each month.

Monthly Income

Total Expenses

Monthly Savings

Savings Rate

💰 Income $0

💸 Expenses $0

Spending Breakdown

50/30/20 Budget Rule Check

Needs

Target: 50%

Wants

Target: 30%

Savings

Target: 20%

How to use the budget planner

Enter your income

Add all your monthly income sources — salary, freelance, side income, and any other regular earnings.

Add your expenses

Enter each monthly expense category. Add custom rows for anything not listed. All totals update instantly.

Check your balance

See your monthly savings, savings rate, spending breakdown chart, and how your budget compares to the 50/30/20 rule.

Frequently asked questions

What is the 50/30/20 budget rule?

The 50/30/20 rule is a simple budgeting framework: spend 50% of after-tax income on needs (housing, food, utilities), 30% on wants (dining out, entertainment, hobbies), and save 20%. It is a starting point, not a strict rule.

What is a good savings rate?

Financial experts generally recommend saving at least 20% of your income. However, even 5-10% is a meaningful start. The most important thing is consistency — saving something every month is better than saving nothing.

Should I use net or gross income?

Use your net (after-tax) income — the amount that actually hits your bank account. This gives you a realistic picture of what you have available to spend and save each month.

Is my budget data saved?

No data is saved or stored. Everything stays in your browser and is cleared when you close the page. This calculator is completely private.