Budget Calculator

Use this budget calculator to build a monthly spending plan. Enter take-home pay and expenses to see your surplus or shortfall, savings rate, and 50/30/20 split.

Monthly income

Take-home pay ($)Pay after taxes and payroll deductionsOther income ($)Side work, child support, benefits, aid

Needs (monthly)

Housing ($)Rent or mortgage, property tax, HOA, renters or home insuranceUtilities and phone ($)Electric, gas, water, trash, internet, cell phoneGroceries ($)Food and household supplies you buy at the storeTransportation ($)Car payment, gas, parking, transit, maintenanceInsurance and health ($)Health premiums, car and life insurance, copays, prescriptionsMinimum debt payments ($)Required minimums on cards, student loans, and other debtChildcare and education ($)Daycare, tuition, school costs, child support

Wants (monthly)

Dining out and entertainment ($)Restaurants, takeout, streaming, events, hobbiesPersonal and other ($)Clothing, gifts, personal care, travel, everything else

Savings (monthly)

Savings and extra debt payoff ($)Emergency fund, retirement, goals, payments above the minimum

This budget calculator is for general planning only and does not provide financial advice. Actual results depend on your income, taxes, prices in your area, and personal circumstances. Consider speaking with a qualified financial professional or a nonprofit credit counselor before making major changes to debt or savings plans.