Budget Calculator
Fill in the fields below to calculate
Monthly Income
Monthly Expenses
Enter your values above to see the result.
Your Results
Monthly Surplus/Deficit
Total Expenses
Savings Rate
50/30/20 Rule Comparison
The 50/30/20 rule suggests: 50% Needs, 30% Wants, 20% Savings
Needs (50%)
Wants (30%)
Savings (20%)
Expense Breakdown
1
Sum all expenses:
2
Calculate surplus/deficit: Net Income − Total Expenses = − =
3
Savings rate: (Savings ÷ Net Income) × 100 = ( ÷ ) × 100 = %