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Budget Planner

Monthly Income

75,000

Total Expenses

0

Total Savings

0

Remaining

0

Monthly Income

Monthly Expenses

Total Expenses:0

Monthly Savings

Total Savings:0

Balanced Budget

Monthly Income:75,000
Total Outflow:0

Balance:0

Budget Breakdown

Expenses (0%)0
Savings (0%)0

Budget Recommendations

  • • Try to save at least 20% of your income for financial goals
  • • Follow the 50-30-20 rule: 50% needs, 30% wants, 20% savings
  • • Review and update your budget monthly

50-30-20 Rule Comparison

Needs (50%)
37,500Good
Savings (20%)
15,000Low

About Budget Planning

Why Budget Planning?

Budget planning helps you track income and expenses, ensuring you live within your means while saving for future goals.

A well-planned budget provides financial clarity and helps you make informed spending decisions.

Budget Best Practices

  • • Track all income sources and expenses
  • • Categorize expenses as needs vs wants
  • • Set aside money for emergencies
  • • Review and adjust budget monthly
  • • Use budgeting apps for easier tracking