Monthly Budget Calculator | Track Spending & Improve Savings

Monthly Budget Calculator

Intelligent financial analysis with actionable insights. Get free numerical results, unlock visual charts with the Manage Receipt app.

Income & Expenses

$

Fixed Expenses

Rent/Mortgage
$
Utilities
$
Insurance
$
Debt Payments
$

Lifestyle Expenses

Groceries & Dining
$
Entertainment
$
Shopping
$
Transportation
$

Budget Summary

Budget Health Score
80
Excellent
Based on savings % expense balance and risk ratios
Monthly Savings
$1,050
21% of income
Expense-to-Income Ratio
0.79
Lower is better for savings
Fixed Expense Ratio
0.48
48% of income (Ideal: <60%)

Expense Breakdown

Visual Breakdown Available in the App

Get detailed pie charts showing exactly where your money goes each month

Get detailed charts, trends, and insights

Budget vs. Ideal Allocation

Visual Comparison Available in the App

See how your spending compares to ideal budget allocations

Get detailed charts, trends, and insights

Smart Insights

Excellent savings rate: You're saving 21% of your income, which is well above the recommended 10% threshold. This puts you in a strong financial position. See visual breakdown in the app.
Fixed expenses are manageable: Your fixed expenses account for 48% of your income, which is below the 60% high-rigidity threshold. This gives you good financial flexibility. View impact graphs in the app.
Lifestyle spending is balanced: Your lifestyle expenses account for 31% of your income, which is just slightly above the 30% ideal threshold. A 10% reduction could boost your savings significantly. See trend visualization in the app.

What-If Simulator

Adjust your income and expenses to see how it impacts your financial health

Monthly Income $5,000
Lifestyle Expenses $1,550
Updated Savings %
21%
Updated Health Score
85

Visual comparison charts and impact graphs are available in the app

Why Use This Budget Calculator?

budget calculator

Most budget tools only show totals. This calculator helps you understand the health of your budget, not just the numbers.

With this tool, you can:

  • Categorize your monthly expenses clearly

  • See how much you’re saving

  • Understand spending ratios

  • Identify financial risk early

  • Test different budget scenarios

budget calculator
budget calculator

How the Budget Calculator Works

budget calculator

Step 1: Add Your Monthly Income
Enter your income and choose whether it’s fixed or variable.

Step 2: Enter Your Expenses
Split your expenses into categories like rent, food, utilities, shopping, subscriptions, and entertainment.

Step 3: Review Your Budget Summary
Instantly see:

  • Total monthly expenses

  • Remaining balance

  • Savings percentage

  • Expense-to-income ratio

  • Budget health score

Budget Health Score Explained

budget calculator

Your Budget Health Score ranges from 0 to 100 and shows how balanced your finances are.

  • 80–100: Strong budget

  • 60–79: Stable but can improve

  • 40–59: Risky spending pattern

  • Below 40: Needs immediate attention

This score helps you understand whether your budget supports your current lifestyle.

budget calculator

Smart Budget Insights

Based on your inputs, the calculator highlights:

  • High fixed expenses that reduce flexibility

  • Lifestyle spending that may be too high

  • Low savings warnings

  • Simple suggestions to improve your budget

Insights are shown in easy, non-technical language.

Charts & Visual Breakdown (Available in App)

budget calculator

Visual charts help you understand spending patterns at a glance, including:

  • Expense distribution

  • Budget comparison

  • Spending trends

🔒 These charts are locked on the website.

To view them:
👉 Download the Manage Receipt app for free and unlock full visual analysis.

budget calculator

Why Visual Budgeting Helps

Smart Expense Tracking for Everyone

Professional Solutions

Frequently Asked Questions

What is a monthly budget calculator?

A monthly budget calculator helps you track income, expenses, savings, and overall budget balance for a month.

Is this budget calculator free to use?

Yes, all calculations and insights on the website are completely free.

Do I need to download the app to use the calculator?

No. The app is only needed to view charts and visual breakdowns.

What is a budget health score?

It’s a score from 0 to 100 that shows how balanced and sustainable your budget is.

Why are charts locked on the website?

Charts are available inside the free app to provide a cleaner web experience and deeper visual insights.

A monthly budget calculator helps you track income, expenses, savings, and overall budget balance for a month.

Yes, all calculations and insights on the website are completely free.

No. The app is only needed to view charts and visual breakdowns.

It’s a score from 0 to 100 that shows how balanced and sustainable your budget is.

Charts are available inside the free app to provide a cleaner web experience and deeper visual insights.