Budgeting Calculator

💡 50% Needs (rent, food, bills) • 30% Wants (entertainment, dining) • 20% Savings & Debt

💡 70% Living Expenses • 20% Savings & Investments • 10% Debt Repayment

💡 60% Essentials • 20% Financial Goals • 20% Lifestyle Choices

💡 Allocate every dollar of income to expenses, savings, or debt until income - expenses = 0

💡 Divide cash into envelopes for different spending categories. When an envelope is empty, stop spending in that category.

💡 Financial experts recommend 3-6 months of expenses for emergencies

💡 Paying more than the minimum saves interest and shortens payoff time