Create a simple monthly household budget by comparing take-home income with housing, living costs, debt, savings, and other spending. Use the editable assumptions to test a current routine, compare alternatives, and see the annual effect without building a separate spreadsheet.
Fill in Monthly take-home income, Housing and utilities.
Complete the remaining fields so the estimate reflects your normal pattern.
The calculator updates automatically after each input change.
Change one assumption at a time to see how the main total and breakdown respond.
Use Reset to restore the original example values.
Monthly balance = take-home income − (housing and utilities + living costs + debt payments + planned savings + other spending). Planned savings rate = planned savings ÷ take-home income × 100.
A positive balance is unassigned cash; a negative balance shows how much the plan exceeds income.
This is a cash-flow plan and does not replace detailed account tracking or professional financial advice.
Given: $6,000 income, $2,200 housing, $1,500 living costs, $500 debt payments, $1,000 savings, and $400 other spending. Calculation: total outflow = $5,600; $6,000 − $5,600 = $400. Result: the plan leaves a $400 monthly surplus and a 16.7% planned savings rate.
It is treated as money assigned to a goal rather than available for other spending.
Use take-home income after payroll deductions so expenses are compared with cash actually received.
Divide the expected annual amount by twelve and include the monthly average in the closest category.
Planned outflows exceed take-home income. Reduce a category, lower the savings target, or identify additional income.
No. It uses only the planned savings field; any remaining balance is shown separately.