Monthly Budget Planner
Enter your monthly take-home income and what you spend in each of three buckets. The planner shows what is left over and each bucket as a share of your income. Everything is calculated in your browser, and nothing is stored or sent.
A rule of thumb, not advice; your situation is different.
Your numbers
| Category | Your amount | % of income |
|---|---|---|
| Needs | - | - |
| Wants | - | - |
| Savings / debt | - | - |
EXAMPLE split (not a recommendation)
50/30/20 is a common rule of thumb: 50% needs, 30% wants, 20% savings and debt. Change the percentages to anything you like. This is an example for comparison only.
| Category | Example amount | Your amount | Difference (yours minus example) |
|---|---|---|---|
| Needs | - | - | - |
| Wants | - | - | - |
| Savings / debt | - | - | - |
How it works
The planner adds your three categories, subtracts the total from your income to get what is left over, and divides each category by income to get a percentage. The example split multiplies your income by the percentages you enter and shows the difference from your own numbers. A negative left-over figure means you have planned to spend more than you earn.
Frequently asked questions
Is 50/30/20 the right split for me?
Not necessarily. It is a common starting point, and many people find it does not fit, especially where housing costs are high or income is low. Treat it as something to compare against, not a target you have failed if you miss.
What counts as a need versus a want?
There is no official line. Needs are usually things you cannot easily skip, such as housing, basic food, utilities, transport to work and minimum debt payments. Wants are the rest. Some items, like a phone plan, sit in between, so decide honestly and stay consistent.
Does this tool save or send my numbers?
No. The calculation runs in your browser and nothing is stored or transmitted. If you close or reload the page, your entries are gone.
What if my income changes every month?
Try entering a low but realistic month as your income. The planner uses a single number, so it works best as a rough snapshot that you can rerun with different figures.
Want a step-by-step way to look at your money?
The 7-Day Money Reset walks you through a day-by-day review. It is educational and results vary.
See the 7-Day Money Reset