Home Budget Calculator

Plan a monthly household budget: income, monthly and yearly spending, what is left, and needs, wants and savings beside the 50/30/20 guide. Private.

Budget

Left each month₹18,800.00₹85,000.00 in, ₹66,200.00 out (77.9% of income)
Needs (guide 50%)
₹41,200.00 · 48.5%
Wants (guide 30%)
₹10,000.00 · 11.8%
Savings (guide 20%)
₹15,000.00 · 17.6%
  • Yearly costs are divided by 12 (to the paisa) and counted each month, so they are not a surprise.
  • The 50/30/20 guide — about half of take-home pay on needs, 30% on wants and 20% saved — is a rule of thumb from Elizabeth Warren’s “All Your Worth” (2005). Rent in a big city often makes needs higher; what matters is that savings happen every month.
  • Money left over (₹18,800.00) can be saved too: with it, savings would be 39.8% of income.

Money in and out

Income a month (after tax)
Spending a month
Spending once a year (insurance, fees, holidays)

Saving and investing (SIP, RD, PPF) count as Savings. Nothing you type leaves this page.

How is this calculated?
Left = income − (monthly spending + yearly spending ÷ 12). Each share = that spending ÷ income × 100.

Runs in your browser — nothing you enter leaves this device.

About this tool

What it does

Home Budget Calculator lays out a household’s month: the money coming in, what goes out, and what is left. Enter your take-home income — salary after tax and PF, rent received, anything regular — and your monthly spending, each marked as Needs (rent, groceries, bills, EMIs, school fees), Wants (eating out, shopping, subscriptions) or Savings (SIP, RD, PPF, a fund for emergencies). Costs that come once a year, such as insurance premiums, school fees or a holiday, go in their own list and are spread over twelve months, so each month sets aside its share and the big bills are no surprise. The result shows what is left or short each month, how much of your income goes on each kind of spending, and how that compares with the 50/30/20 rule of thumb: about half on needs, 30% on wants and at least 20% saved. Every amount is kept in whole paise, so the totals are exact.

How to use it
  1. Enter your monthly take-home income.
  2. List monthly spending, marking each as Needs, Wants or Savings.
  3. List yearly costs; they are divided by 12.
  4. Read what is left and your split against 50/30/20.
Limits and your data
  • 50/30/20 is a guide from Elizabeth Warren’s book “All Your Worth” (2005), not a rule; in high-rent cities needs often take more than half.
  • It is a plan for one typical month; irregular income is best entered as a cautious monthly average.
  • It does not save your budget; keep a copy by printing the page or noting the figures.
  • Your figures stay in this page in your browser. Nothing is sent or saved.

Questions

What is the 50/30/20 rule?

A budgeting guide: about 50% of take-home pay on needs, 30% on wants and 20% on savings and paying off debt.

Do EMIs count as needs?

Home and education loan EMIs usually do; a phone or holiday on EMI is closer to a want.

How do I budget for yearly expenses?

Enter them under yearly costs. Each month then shows one-twelfth of them, which you can set aside in a separate account.

Should I count my SIP as spending?

Mark it as Savings. It leaves your account each month, but it is money you keep.