Budget Calculator
Track your income and expenses to manage your finances
Last updated: February 2026
Budgeting Tips
The 50/30/20 rule suggests: 50% for needs (housing, food, utilities), 30% for wants (entertainment, dining out), and 20% for savings and debt repayment. Adjust based on your situation and cost of living.
Income (After Tax)
Monthly equivalent: £3,500.00
Monthly Expenses
Budget Summary
Smart Budgeting
Track your spending for at least a month before setting budget goals. Look for areas where you can cut back without significantly impacting your quality of life. Consider setting up a standing order to your savings account to make saving effortless.
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