Free Monthly Budget Planner
Enter your monthly take-home income and expenses to instantly see your remaining balance. Add or remove categories to match your real spending.
Monthly Budget Planner
Mr B says: Start with your income at the top, then list every regular expense. The goal is simple — make sure the bottom line is positive before the month starts.$
| Category | Amount |
|---|
Budget summary
Monthly income$0.00
Total expenses$0.00
Remaining balance$0.00
⚠️ This tool is for general guidance only and is not financial advice.
Common questions
Budget planner questions
Write down your take-home income, list every expense — fixed costs first then variable spending — and subtract the total from your income. If the result is negative you need to cut somewhere. If positive, assign every surplus dollar a job before the month starts: savings, debt repayment, or a named goal.
Include all regular outgoings: rent or mortgage, groceries, transport, utilities, phone, internet, insurance, subscriptions, and personal spending. For variable expenses, average your last two to three months of bank statements to get realistic figures rather than hopeful ones.
Once a month, at the end of each month, before you plan the next one. A 15-minute review shows where money leaked and which categories are consistently over or under target. Adjust as your circumstances change — a budget that's right in January may need updating by July.
Look at your wants category first — dining out, subscriptions, entertainment. These are the easiest to reduce quickly. Then look at fixed costs: could you switch to a cheaper phone plan or insurance policy? Building even a small surplus each month is the starting point for every financial goal.