Budget Calculator
Budget Calculator — Monthly & Annual Plan
Track income vs. expenses, visualise your spending breakdown, and find out if you're on track with the 50/30/20 rule
Results will appear here
Fill in your income and expenses on the left, then click the button below.
↙ Calculate Budget8 Expense Categories
Pre-built categories — Housing, Food, Transport, Health, Education, Entertainment, Savings, and Others — cover everyday spending patterns.
50/30/20 Rule Tracker
Instantly see how your spending maps to the popular 50/30/20 budgeting rule — needs, wants, and savings targets at a glance.
Monthly & Annual View
Toggle between monthly and annual figures. All inputs scale automatically so you can plan both short-term cash flow and yearly finances.
Understanding Your Budget
How to Build a Personal Budget That Actually Works
A practical guide to budgeting, saving, and managing money for Indian households
A budget calculator is a financial planning tool that helps you compare your total income against your total expenses over a given period — typically a month or a year. By laying out exactly where your money comes from and where it goes, a budget calculator gives you a clear, honest picture of your financial health in real time.
In India, where household cash flows can be complex — combining salaries, freelance income, rental income, agricultural income, and irregular bonuses — a structured budget is especially valuable. Rather than relying on a rough mental estimate of spending, a budget calculator forces precision: every rupee is accounted for, and the surplus or deficit is shown clearly. This single act of measurement is often the first step toward meaningful financial improvement.
The 50/30/20 rule is the most widely recommended budgeting framework for beginners and intermediate savers alike. Popularised by US Senator Elizabeth Warren in her book All Your Worth, the rule divides your after-tax income into three buckets:
Essentials you cannot live without — rent or home loan EMI, groceries, utilities, transport to work, basic insurance premiums, and minimum debt payments.
Lifestyle choices and discretionary spending — dining out, OTT subscriptions, gym membership, travel, shopping for non-essentials, and entertainment.
Building wealth and security — emergency fund, SIP/mutual funds, PPF, NPS, extra EMI prepayment, or any other goal-based investment.
The rule is a guideline, not a law. In metro cities like Mumbai or Bengaluru, where rent alone can consume 35–40% of a mid-income salary, you may need to adjust the buckets. The calculator above shows exactly where your current spending sits relative to these targets.
Annual insurance premiums, car servicing, school fees, and festive spending are real expenses. Divide them by 12 and include a monthly provision — otherwise your budget will show a false surplus.
Grocery bills, electricity, broadband, and mobile recharges are often underestimated in mental budgets. Review three months of UPI/bank statements for accurate figures before filling in this calculator.
Credit card spends must appear in your monthly budget as expenses even if the bill is due next month. Failing to account for them creates a cycle of carry-forward debt at 36–42% annualised interest.
Slashing entertainment to zero or halving food costs in a spreadsheet feels satisfying but rarely holds in real life. Base targets on your actual spending, then reduce gradually — 5–10% at a time.