Free Budget Calculator

Budget Calculator

Free & Comprehensive - Create your monthly budget, track expenses, and get personalized recommendations based on the 50/30/20 rule

Budget Details

Budget Tips:

• Follow the 50/30/20 rule for balanced budgeting

• Track actual spending vs. planned budget

• Review and adjust monthly for best results

Budget Analysis

Enter your income and expenses to analyze your budget

Get detailed insights and recommendations based on the 50/30/20 rule

Why Use Our Budget Calculator?

50/30/20 Rule Analysis

Automatically categorize your expenses and compare against the proven 50/30/20 budgeting framework for optimal financial health.

Personalized Recommendations

Get specific suggestions on how to improve your budget allocation and achieve better financial balance.

Budget Health Scoring

Receive an overall budget health score with detailed breakdown showing areas of strength and improvement.

Emergency Fund Tracking

Monitor your emergency fund progress and understand how well prepared you are for unexpected expenses.

Frequently Asked Questions

The 50/30/20 rule suggests allocating 50% of income to needs (housing, utilities, groceries), 30% to wants (entertainment, dining out), and 20% to savings and debt repayment.