Budget Calculator
Plan your finances with real-time insights as of 2025.
Budget Summary
Expense Breakdown
Help & FAQs
What is a Budget Calculator?
It helps you track income, expenses, and savings, providing insights like DTI to manage finances effectively.
What is Debt-to-Income Ratio (DTI)?
DTI is your monthly expenses divided by income, expressed as a percentage. A lower DTI (below 36%) indicates better financial health.
How to Set a Savings Goal?
Enter your target savings for the month. The calculator shows your progress as a percentage based on your net savings.
How to Export My Budget?
Click "Export Summary" to download a PDF with your budget details, including income, expenses, and savings progress.
Quick Tips for Budgeting
Follow the 50/30/20 Rule
Allocate 50% of your income to needs, 30% to wants, and 20% to savings or debt repayment for a balanced budget.
Track Expenses Daily
Monitor your spending daily to avoid overspending. Use our Budget Calculator to stay on top of your finances.
Build an Emergency Fund
Aim to save 3-6 months’ worth of expenses to cover unexpected costs like medical emergencies or job loss.
Pay Off High-Interest Debt
Focus on clearing high-interest loans or credit card balances to reduce your DTI and free up more income.
Review Your Budget Monthly
Adjust your budget each month to reflect changes in income or expenses, ensuring you meet your financial goals.
Plan for Big Purchases
Save for large expenses like a car or vacation by setting a savings goal in our calculator to avoid debt.
