OceanCalc

Budget Calculator

Create a monthly budget using the 50/30/20 rule to manage your income effectively.

Monthly Income
$

After-tax income

50/30/20 Allocation
Adjust percentages to fit your needs
%
Housing/RentUtilitiesGroceriesInsuranceMinimum debt paymentsTransportation
%
Dining outEntertainmentShoppingHobbiesSubscriptionsTravel
%
Emergency fundRetirement (401k, IRA)InvestmentsExtra debt paymentsFuture goals

Related Calculators

🎯

Debt Payoff Calculator

Create a debt payoff plan using snowball or avalanche methods to become debt-free faster.

🔗

Debt Consolidation Calculator

See if consolidating your debts into one loan could save you money on interest.

💳

Credit Card Payoff Calculator

Calculate how long it will take to pay off credit card debt and total interest paid.

Monthly Savings

$1,000

$12,000 / year

Monthly Budget Breakdown

Needs (50%)

Essential expenses

$2,500

Wants (30%)

Lifestyle spending

$1,500

Savings (20%)

Future you

$1,000

Budget Distribution