Budget Calculator
Monthly Surplus: $2,400
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| Amount | Percentage | |
| Income Summary | Monthly | Share |
| Primary Income | $5,000 | 76.9% |
| Secondary Income | $1,000 | 15.4% |
| Other Income | $500 | 7.7% |
| Total Income | $6,500 | 100% |
| Expense Summary | Monthly | % of Income |
| Housing | $1,500 | 23.1% |
| Food & Dining | $600 | 9.2% |
| Transportation | $400 | 6.2% |
| Shopping | $400 | 6.2% |
| Insurance | $300 | 4.6% |
| Entertainment | $300 | 4.6% |
| Utilities | $200 | 3.1% |
| Healthcare | $200 | 3.1% |
| Miscellaneous | $200 | 3.1% |
| Total Expenses | $4,100 | 63.1% |
| Net Result | Amount | % of Income |
| Monthly Surplus | $2,400 | 36.9% |
| Annual Surplus | $28,800 | - |
Budget Analysis
Budget Guidelines Comparison
| Category | Recommended % | Your % | Status |
|---|---|---|---|
| Housing | 25-30% | 23.1% | ✓ Good |
| Transportation | 10-15% | 6.2% | ✓ Excellent |
| Food | 10-15% | 9.2% | ✓ Good |
| Savings | 20% | 36.9% | ✓ Excellent |
| Entertainment | 5-10% | 4.6% | ✓ Good |
Savings Goals
| Goal | Target Amount | Time to Reach | Monthly Savings |
|---|---|---|---|
| Emergency Fund (6 months) | $24,600 | 10.3 months | $2,400 |
| Down Payment (20%) | $60,000 | 25 months | $2,400 |
| Vacation Fund | $5,000 | 2.1 months | $2,400 |
| New Car | $25,000 | 10.4 months | $2,400 |
Budget Health Score
🎯 Excellent Budget Health
Your budget shows excellent financial discipline with a 36.9% savings rate. You're well within recommended guidelines for all major categories. Consider allocating some surplus towards long-term investments or specific savings goals.
Your budget shows excellent financial discipline with a 36.9% savings rate. You're well within recommended guidelines for all major categories. Consider allocating some surplus towards long-term investments or specific savings goals.
Note: Budget percentages are based on after-tax income. Adjust categories based on your personal priorities and financial goals.