Back to Tools

Budget Calculator

Budget Setup

₹50,000
Monthly Income
₹45,000
Total Expenses
₹5,000
Remaining
excellent
Budget Health

Budget Assessment

Excellent! Your budget is well-balanced with good savings.

Budget Breakdown

Needs

50.0%
Current:₹25,000
Recommended:₹25,000

Wants

16.0%
Current:₹8,000
Recommended:₹15,000

Savings

24.0%
Current:₹12,000
Recommended:₹10,000
Budget Allocation90.0% of income
Needs
Wants
Savings

Expense Details

Rent
needs
₹15,000
Groceries
needs
₹8,000
Utilities
needs
₹2,000
Entertainment
wants
₹5,000
Dining Out
wants
₹3,000
Emergency Fund
savings
₹5,000
Investments
savings
₹7,000
Learn Budgeting

Smart Budgeting Tips

Track all expenses for a month to understand spending patterns

Use the 50-30-20 rule as a starting point for budget allocation

Prioritize building an emergency fund of 6 months expenses

Review and adjust your budget monthly

Automate savings to ensure you pay yourself first

Cut down on unnecessary subscriptions and memberships

Budget Successfully

A well-planned budget is your roadmap to financial success. Track your spending, prioritize your goals, and build wealth systematically.

50%
Needs
30%
Wants
20%
Savings
100%
Planned