Monthly Budget Calculator

See how income, expenses, savings, and debt affect your monthly flexibility.

Inputs

Result

Money left over
$1,200
Spent $3,800.00 of $5,000.00 · savings rate 16.0%

Visual breakdown

Income
$5,000.00
Expenses
$3,800.00
Savings
$800.00
Left over
$1,200.00
Expenses $3,000.00 — 60%
Savings $800.00 — 16%
Left over $1,200.00 — 24%

Formula

Left over = income − (expenses + savings). Savings rate = savings ÷ income × 100.

Example

$5,000 income, $2,900 expenses, $800 to savings → $1,300 left over, savings rate 16%.

Related: 50/30/20 · Savings rate · Paycheck

How to use

  1. Use your typical take-home (after tax) monthly income.
  2. Group small categories into 'Other' to keep it simple.
  3. Treat savings as a planned 'expense' before discretionary spending.
  4. Re-check whenever income or rent changes.

When it's useful

  • Building a first budget from a paycheck.
  • Spotting categories that have crept up.
  • Pre-checking a lifestyle change before committing.

Common examples

$5,000 income, $3,000 expenses
$2,000 left for savings and goals.
Housing 30%, food 12%
Common healthy split.
$800 saved on $5,000 income
Savings rate ≈ 16%.

Frequently asked

Should savings count as an expense?

Most planners treat 'pay yourself first' savings as a fixed line — that's how this calculator handles it.

What if I'm negative?

Trim the largest non-fixed categories first (subscriptions, food, transportation) before touching housing or debt.

Does it store my numbers?

No. Inputs stay in your browser. Optional history is local only.

What about irregular income?

Use a conservative monthly average — typically your last 6–12 months.

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More money & work

Estimates only — not financial advice.