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Figure Out a Budget in 3 Minutes

Calculator Know where your money goes, to spend smarter and live within your means.

You Need a Monthly Budget

To Spend Smart & Live Within Your Means

To make a budget in 3 minutes, enter your monthly take-home pay and any other monthly income.

We’ll create a budget, based on the government’s Consumer Expenditure Survey, showing how similar households spend that money on:

  • Monthly bills, which are mostly fixed expenses
  • Occasional Expenses, items like vacations and car repairs
  • Weekly Spending, the everyday spending you see most clearly
  • Saving (what’s left over)

Then enter YOUR figures in the sections below and we’ll update the budget. In just a few minutes you’ll see where your money goes, where you might get more for your money, and how to control your spending to live within your means.

header-column  You Spouse Other Income Total
input results-small Monthly Take-Home Pay
gap  
header-small How Similar Households Spend That Money 
billboard-big 
billboard-small Monthly Bills Occasional Expenses Everyday Spending Saving (Remainder) 
header-marker Your Monthly Bills 
header-orange Mostly Big Expenses That Are Hard To Cut 
text Enter your spending to correct what we use 
gap  
header-column   Your Figures What We Use
input results-small Mortgage or Rent
input results-small Phone, Internet, TV
input results-small Heating Oil/Gas
input results-small Electricity & Water
input-subtotal Housing Subtotal  
input-gap     
input results-small Car Payments/Commuter Pass
input results-small Other Loan Payments
input results-small Childcare/Tuition
input results-small Other Monthly Bills
input-subtotal Other Monthly Subtotal 
total Total Monthly Bills 
gap  
header-small Where Your Money Goes Each Month 
billboard-big 
billboard-small Monthly Bills Everyday Spending Saving (Remainder) 
header-marker Occasional Expenses 
header-orange The Car, the Roof, Vacations, and Gifts 
text Budget for occasional purchases and unpleasant surprises. Save what you don't spend when such expenses are low, or pay down loans taken out when such expenses are high. And see what things like cars and vacations cost on a monthly basis.
header-column  What We Use Every Monthly Amount
input results-small Car Purchase (if you pay cash)
input results-small Car Maintenance
input results-small Home Maintenance
input results-small Furniture and Electronics
input-gap  
input results-small Medical: Insurance, Copays, etc.
input results-small Vacation
input results-small Clothes
input results-small Donations, Gifts, Misc.
total Total Monthly Irregular Expenses 
gap     
header-small Where Your Money Goes Each Month    
billboard-big 
billboard-small Monthly Bills Everyday Spending Saving (Remainder) 
header-marker Weekly Spending "Speed Limit"    
header-orange Gas, Groceries, and Eating Out  
text The spending we see most clearly, and need to control to stay on track. We’ll translate your weekly into monthly spending, so you can see what you spend each month & get for your money.
gap  
header-column   What We Use Monthly Amount
input results-small Groceries
input results-small Gas, Public Transportation
input results-small Workday Coffee, Lunch
input-gap     
input results-small Dining Out
input results-small Fun and Entertainment
input results-small Miscellaneous
total Total Everyday Spending
text-oversize
gap  
header-small Where Your Money Goes Each Month 
billboard-big 
billboard-small Monthly Bills Everyday Spending Saving (Remainder) 
header-marker Review Your Budget  
header-orange Adjust Above Till You Like What You See 
header-small Now that you know where your money goes, see 
text-bullets How to get “more” for your money.  
text-bullets How much to set aside for irregular expenses. 
text-bullets How much you can spend each week - your weekly "Spending Speed Limit" and "Speed Limits" for different weekly expenses.
header-small You can also see how you might respond in a pinch
text-bullets If your income falls or you’re hit with a big expense,most can cut back 10-15%
header-column If You Cut   Enter Your Estimate  Cut in Monthly spending
input results-small Everyday Spending that's
input results-small Occasional Expenses that's
input results-small Monthly Saving that's
input results-small 401(k) Saving* that's
input-total You'd need less,
total What you'd still need  
text * If you use what you contribute to a 401(k), you'd pay tax on that money. So enter the 'after-tax' amount.
gap     
header-small Next steps    
text-bulletsIf you’re satisfied with your budget, put it into effect.  
text-bulletsIf you’re living beyond your means, cut your spending.   
text-bullets Your budget DOESN'T tell you if you’re saving enough or have enough insurance. And most Americans don't. So after you get your spending under control, Square Away the rest of your finances.
    

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Know where your money goes, to spend smarter and live within your means.

Figure Out a Budget in 3 Minutes