Monthly Budget Calculator

Building a good budget is the key to managing your money. This free budget calculator will give you a clear view of your monthly finances and help you find places to change your budget to make the most of your income.*

Want help with your budget? Try a free counseling session.

Step 1: Enter Your Income
Start by entering your monthly income in the sections below. Click the "+" buttons to expand them.
Net Monthly Pay
Your Net Monthly Pay Your net pay (or take-home pay) is the amount on your paychecks—your wages minus federal taxes, Social Security, Medicare, wage garnishments, health insurance, other benefits, etc.
Spouse's Net Monthly Pay
Other Monthly Income
Other Monthly Income Examples include Social Security, child support, alimony, investments, pensions, etc.
Total Monthly Income
Step 2: Enter Your Expenses
Now enter your expenses in the sections below.
Housing & Utilities
Rent or Mortgage
2nd Mortgage
Home or Renters Insurance if not included in mortgage payment
Property Tax if not included in mortgage payment
Condo or Homeowner Association (HOA) Fees
Home Repairs & Maintenance
Electric & Gas
Water & Sewer
Phone & Cell
Cable & Internet
Car Payment
2nd Car Payment
Monthly Car Insurance
Car Maintenance
Food & Groceries
Groceries & Household Goods
School Lunches
Meals Out
Health & Beauty
Health Insurance & Co-pays anything not already deducted from your paycheck
Life Insurance if not already deducted from your paycheck
Clothing for Family
Dry Cleaning & Laundry
Barber & Beauty Shop
Child Care
Child Support Payments
School Tuition & Supplies
Debt & Loan Payments
Credit Cards Total minimum monthly payments
Store Cards Total minimum monthly payments
Medical Debt Total minimum monthly payments
Student Loans Total minimum monthly payments
Tax Payments
Miscellaneous Debt Payments
Misc. Expenses
Hobbies & Sports
Tobacco & Alcohol
Newspaper & Magazines
Travel & Recreation
Church & Charitable Donations
Pet Care
Holidays & Birthdays including gifts to your familiy, friends and co-workers, as well as decorations, greeting cards, etc.
Other Expenses
Total Monthly Expenses

Ready to see your results?

Click below to see your surplus or shortage and for our recommendations.