Budget Planner
Enter your income and monthly expenses to see exactly what's left to save, your savings rate and a live 50/30/20 breakdown — saved privately in your browser.
Your budget
Your take-home pay after tax each month.
Monthly expenses
Tag each row as a Need, Want or Save to see how your spending compares with the 50/30/20 rule.
Left to save / spend
₹4,000
of your income is still unspent each month
50 / 30 / 20 check
Spend 50% on needs, 30% on wants and save 20% of your income.
Ideal 50% · 8pp over
Ideal 30% · Within target
Ideal 20% · On track
Strong savings rate. Your needs run a little high, but you are still putting money away.
How to budget your money each month
A budget is simply a plan for where your money goes before the month begins. Start with your take-home income— the amount that actually lands in your account after tax and deductions. List every recurring expense you can think of, from rent and loan EMIs to groceries, bills, transport, the odd night out and the money you set aside to invest. Subtract those expenses from your income and you have the single most useful number in personal finance: how much is left. When that number is positive you have breathing room to save or invest more; when it's negative, your spending has outrun your earnings and something has to give.
The goal isn't to track every rupee, dollar or pound with perfect precision — it's to make deliberate choices. Reviewing your budget once a month is usually enough to catch subscriptions you forgot about, spot categories that are quietly creeping up, and redirect that money toward goals that matter more to you.
The 50/30/20 rule explained
Popularised by US senator Elizabeth Warren, the 50/30/20 rule is a friendly starting framework that splits your take-home pay into three buckets. Roughly 50% goes to needs— the essentials you can't skip, such as housing, food, utilities, transport and healthcare. 30% goes to wants— the lifestyle spending that makes life enjoyable, like dining out, shopping, streaming services and hobbies. The final 20% goes to savings— building an emergency fund, investing for the future and paying down debt faster than the minimum.
Treat these percentages as targets, not rigid rules. In high-cost cities your needs may swallow more than half your income, which simply means your wants and savings have to flex. What matters is that you can see the split clearly and nudge it in the right direction over time. In this planner, tag each expense as a Need, Want or Save and the bars show how your real budget compares with the 50/30/20 ideal, with any leftover money counted toward savings.
Turn your plan into action
Once you know your numbers, small changes compound quickly. Cancelling one unused subscription, cooking a few more meals at home or automating a transfer to your investments on payday can move your savings rate by several points. If your budget shows a deficit, attack your largest wants first — they're usually the easiest to trim without hurting your quality of life. Re-check your plan whenever your income or costs change, and let the surplus flow straight into your goals.
Frequently asked questions
How do I make a monthly budget?+
Start with your take-home income, then list every regular expense — rent or EMI, groceries, bills, transport, fun and savings. Subtract total expenses from income to see what's left. If the number is positive you have room to save more; if it's negative you're overspending and need to trim. This planner does the maths live as you type.
What is the 50/30/20 budget rule?+
It's a simple guideline: put 50% of your take-home pay toward needs (rent, food, bills, transport, health), 30% toward wants (dining, shopping, subscriptions) and save 20% (investments, an emergency fund, debt payoff). Tag each expense in the planner as a Need, Want or Save and it shows how your real spending compares.
What is a good savings rate?+
Saving 20% of your income is the classic target, but any consistent saving is progress. If you can push past 20% you'll build wealth and reach goals faster. The planner counts both your explicit savings category and any money left over at the end of the month toward your savings rate.
Is my budget data private?+
Yes. Everything runs in your browser and your budget is saved only to your own device using local storage. Nothing is uploaded to a server, so your income and expenses never leave your computer or phone.
What should I do if my expenses are more than my income?+
The planner flags a deficit in red. Focus first on your largest wants — dining out, shopping and subscriptions are usually the easiest to cut. If needs alone exceed your income, look at bigger moves such as cheaper rent, refinancing loans or raising your income. Aim to get back to a positive number before adding new spending.