Try the Simple Budget Calculator Below
This tool helps you see exactly where your money goes each month. Just enter your income and expenses, and get a clear breakdown in seconds.
Before You Begin
To get the most accurate results from your Simple Budget Calculator, it helps to gather a few details first:
Recent bank statements or your banking app
Credit card statements or digital transaction history
Regular bills (utilities, rent, insurance, subscriptions)
Any cash purchases or one-off annual payments (like car insurance or memberships)
The more complete your information, the clearer picture you’ll get of where your money is going.
The 50/30/20 Rule: A Simple Guide
We use the popular 50/30/20 budget rule as a reference point:
50% of income → Needs (rent, food, utilities, transport)
30% of income → Wants (entertainment, travel, non-essentials)
20% of income → Savings or debt repayments
This isn’t a hard rule, but it’s a proven framework that gives you balance between essentials, lifestyle, and long-term security.
Spreadsheet & Print Options
Prefer to see everything in detail?
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Download our easy-to-use spreadsheet template. Just enter your weekly or monthly numbers and let the formulas do the work.
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If you’d rather keep things offline, we also provide a print-friendly budget sheet so you can fill it in manually.
💡 Tip: Always round costs up slightly to give yourself a small buffer.
How the Simple Budget Calculator Works
Our calculator does the heavy lifting for you:
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Add your income sources.
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Enter your regular outgoings.
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The tool will break down where your money is being spent.
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See how much you have left — or where you’re overspending.
It’s the quickest way to spot opportunities to save, cut back, or adjust your goals.
Tips for Better Results
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Decide who’s included: Will you budget just for yourself, or include your partner/family?
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Be accurate: Use real numbers from your statements instead of guessing.
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Adjust timeframes: Enter costs annually if they fluctuate — the calculator will average them for you.
What To Do Next
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If you have money left over: Start building savings or use our Savings Calculator to set a financial goal.
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If you’re just breaking even: Explore our Budgeting Guides to learn how to stretch your money further.
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If you’re overspending: Our Debt Calculators and resources can help you manage repayments and regain control.
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Why is budgeting important?
Budgeting helps you stay in control, avoid overspending, and prepare for future goals.
How do I calculate a budget?
Add up your income, subtract expenses, and track what’s left. Our calculator does this automatically.
What is the 50/30/20 rule?
Spend 50% of income on needs, 30% on wants, and 20% on savings or debt.
Read more: The 50/30/20 Rule: A Simple Budgeting Framework That Works
What if my income changes each month?
Base your budget on your lowest monthly income. Any extra can go into savings.
How do I budget for debt repayment?
Use a Debt Payoff Calculator to set a realistic repayment plan.
Can I download my budget?
Yes — we offer both Excel and printable templates for offline use.
Simple Budget Calculator: Plan Your Finances in Minutes
Start planning smarter today with the Simple Budget Calculator — quick, accurate, and designed to put you in control of your finances.