How do I calculate my monthly budget?

Add up all your monthly expenses and subtract the total from your monthly income to determine your remaining balance and savings.

How do I calculate my savings percentage?

Savings Percentage = (Remaining Balance ÷ Monthly Income) × 100. This shows how much of your income you are saving each month.

Yes, it helps track your income and expenses, determine your savings potential, and manage your budget effectively.

Include rent or mortgage, utilities, groceries, transportation, entertainment, and any other regular expenses.

Track your income and expenses, and see how much you can save each month.

💡 Tip: Enter your income and monthly expenses to calculate savings and budget balance.

Monthly Income

Rent / Mortgage

Utilities

Groceries

Transportation

Entertainment

Other Expenses

Subtract total expenses from income to see your remaining balance and calculate savings percentage:

Total Expenses = Sum of all monthly expenses

Remaining Balance = Monthly Income − Total Expenses

Savings Percentage = (Remaining Balance ÷ Monthly Income) × 100%

Monthly Income = $3000

Total Expenses = $1800

Remaining Balance = 3000 − 1800 = $1200

Savings Percentage = (1200 ÷ 3000) × 100 ≈ 40%