Budget Calculator

Plan income vs expenses with a 50/30/20 style breakdown.

How to use this tool

  • Add income rows (salary, side gigs).
  • Add expense rows and group them as Needs, Wants or Savings.
  • See totals per group and the monthly surplus.
  • Export the plan to CSV.

How it works

Surplus = total income - total expenses. Group percentages display relative to income and compare to your chosen allocation benchmark.

Tips

  • Review variable costs like groceries — they drift most.
  • Treat savings as an expense that comes first.
  • Quarterly bills: divide by 3 and set aside monthly.

Limitations

Manual entry — no bank connections, by design (and safer for privacy).

Frequently asked questions

What is the 50/30/20 rule?

Needs 50%, wants 30%, savings 20% of after-tax income. The calculator compares your actual spending to that benchmark.

Can I add my own categories?

Yes — add, remove and rename grouped rows of income and expenses.

How do I keep a record?

Export the summary as CSV and clear the form for next month.