Budget Summary
$1,500
Excellent Savings!
| Monthly Income | $5,000 |
| Total Expenses | $3,500 |
| Disposable Income | $1,500 |
| Savings Rate | 30.0% |
50/30/20 Budget Rule
Needs (50%)100%
Wants (30%)33%
Savings (20%)100%
About the Budget Calculator
Create and track your monthly budget with our comprehensive calculator. Analyze income, expenses, and savings using the 50/30/20 budgeting rule.
The 50/30/20 Rule
- 50% Needs: Housing, utilities, food, insurance
- 30% Wants: Entertainment, dining out, hobbies
- 20% Savings: Emergency fund, retirement, debt payoff