Budget Calculator
Plan your monthly budget, track expenses, and achieve your financial goals with our comprehensive budget calculator.
Why Use Our Budget Calculator?
Smart Allocation
Our calculator helps you allocate your income across different categories based on proven financial principles.
Visual Breakdown
Get a clear visual representation of your budget with interactive charts and progress bars.
Flexible Categories
Easily adjust category percentages to match your unique financial situation and goals.
Track Progress
Monitor your spending patterns and track your progress towards financial goals.
Frequently Asked Questions
What is the 50/30/20 rule?
The 50/30/20 rule is a popular budgeting method that suggests allocating 50% of your income to needs, 30% to wants, and 20% to savings and debt repayment.
How often should I review my budget?
It's recommended to review your budget monthly and make adjustments as needed based on your spending patterns and financial goals.
What should I do if I'm overspending in a category?
If you're overspending, try to identify the cause and either adjust your spending habits or reallocate funds from other categories to maintain your overall budget.