Total income
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Simple Budget Calculator
Total income, total expenses, gap = balance. Positive = you save. Negative = it is time to trim. No signup needed.
Monthly income
Monthly expenses
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Add income and expenses above
Total expenses
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Savings rate
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How to read the results
Balance = total income − total expenses. Positive = you had money left for savings, investing, or one-offs. Negative = you spent more than you earned — time to find where to cut.
Savings rate = balance ÷ income × 100. 20%+ is healthy by most planners' standards; 0–10% means paycheck-to-paycheck; negative means going into debt.
Budgeting frameworks
50/30/20: 50% needs (rent, food, utilities), 30% wants (dining, travel, subscriptions), 20% savings + debt paydown. Envelope: cash in labeled envelopes each month. Zero-based: every dollar assigned a job so income − expenses = exactly 0. Find what you will actually stick with.
Frequently asked questions
Net or gross income?
Net — after tax, after 401k, after health insurance. That is the money that actually hits your bank. Gross is what your employer quotes but not what you live on.
What counts as an expense?
Everything leaving your bank: rent, groceries, utilities, phone, car payment, insurance, subscriptions, dining out, gas, entertainment, credit card payments.
One-off purchases?
Annual insurance premiums or Christmas gifts → divide by 12 and include monthly estimate. True one-offs (rare $500 repair) → exclude; handle from emergency fund.
Zero balance okay?
Yes — if "zero" means every dollar was assigned (zero-based budgeting). The red flag is when zero means you spent every dollar with no plan.
Save or pay debt first?
Mathematically: pay off highest-interest debt (above 7–8% APR). Behaviorally: $1,000 emergency fund first, then attack debt. Do what makes you act consistently.
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For general calculations only. Not financial, tax, or legal advice — see our disclaimer.