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Holistic Budget Calculator

Craft a realistic monthly plan by categorizing spending into Needs, Wants, and Savings & Debt. Add custom rows, choose pay frequencies, and see how you stack up to the 50/30/20 guide.

Private in your browserEducational estimatePrint/export ready

Income (take-home)

Source
Amount
Frequency
Monthly
$5,000.00
Source
Amount
Frequency
Monthly
$0.00
Source
Amount
Frequency
Monthly
$0.00
Total: $5,000.00
SourceAmountFrequencyMonthly
$5,000.00
$0.00
$0.00
$5,000.00
Total monthly income
$5,000
Leftover / Shortfall
-$610

50 / 30 / 20 reference

Needs≤ 50%
$2,500
83.4%
Wants≤ 30%
$1,500
12.8%
Savings & Debt≥ 20%
$1,000
16.0%

Expenses

Needs(housing, groceries, transport, insurance, childcare…)
Item
Amount
Frequency
Monthly
$2,500.00
Item
Amount
Frequency
Monthly
$250.00
Item
Amount
Frequency
Monthly
$800.00
Item
Amount
Frequency
Monthly
$300.00
Item
Amount
Frequency
Monthly
$200.00
Item
Amount
Frequency
Monthly
$120.00
Item
Amount
Frequency
Monthly
$0.00
Total: $4,170.00
ItemAmountFrequencyMonthly
$2,500.00
$250.00
$800.00
$300.00
$200.00
$120.00
$0.00
Total Needs$4,170.00
Wants(dining out, entertainment, shopping, travel…)
Item
Amount
Frequency
Monthly
$200.00
Item
Amount
Frequency
Monthly
$100.00
Item
Amount
Frequency
Monthly
$40.00
Item
Amount
Frequency
Monthly
$150.00
Item
Amount
Frequency
Monthly
$150.00
Total: $640.00
ItemAmountFrequencyMonthly
$200.00
$100.00
$40.00
$150.00
$150.00
Total Wants$640.00
Savings & Debt(emergency, TFSA/RRSP, debt repayments…)
Item
Amount
Frequency
Monthly
$300.00
Item
Amount
Frequency
Monthly
$300.00
Item
Amount
Frequency
Monthly
$200.00
Total: $800.00
ItemAmountFrequencyMonthly
$300.00
$300.00
$200.00
Total Savings & Debt$800.00
Total monthly expenses
$5,610
Leftover / Shortfall
-$610
% Needs / Wants / Sav.&Debt
83% / 13% / 16%

Similar tools

  • Net Worth Tracker
  • Debt Snowball / Payoff Planner
  • Mortgage Payment Calculator
  • Affordability & Stress Test

Educational tool only. Income is treated as take-home. The 50/30/20 rule is a guideline—adapt to your goals and local costs.