Monthly Budgeting Calculator

Do a deep dive into your spending habits.

Figuring out where your money goes can help you take big steps toward saving more.

Just about everyone wants to stretch their income a little further. But getting a handle on monthly expenses can be a challenge. This calculator breaks that task down into simple steps. You'll estimate the amount you spend on utilities, food and added expenses like child care. Then you'll factor in your monthly income and tax payments. In a matter of minutes, you'll get a detailed report that can help identify areas where you can spend less and save more.

By changing any value in the following form fields, calculated values are immediately provided for displayed output values. Click the view report button to see all of your results.

Financial Calculators from
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Your monthly net income

Your income

Gross amount paid:*This entry is required.Enter an amount between $0 and $10,000,000

Income paid:*This entry is required.

Federal tax withholding:*This entry is required.Enter an amount between $0 and $10,000,000

State tax withholding:*This entry is required.Enter an amount between $0 and $10,000,000

Local tax withholding:*This entry is required.Enter an amount between $0 and $10,000,000

Other taxes and withholding:*This entry is required.Enter an amount between $0 and $10,000,000

FICA:*This entry is required.Enter an amount between $0 and $10,000,000

Medicare:*This entry is required.Enter an amount between $0 and $10,000,000

Insurance and benefits:*This entry is required.Enter an amount between $0 and $10,000,000

Company retirement savings:*This entry is required.Enter an amount between $0 and $10,000,000

Other income:*This entry is required.Enter an amount between $0 and $10,000,000

Other income paid:*This entry is required.

Spouse's monthly net income

Mortgage and debt

Utilities

Food and general expenses

Insurance

Maintenance, medical, childcare, etc.

Monthly expenses of $0 leave you with $0 available for savings Pie Chart: Please use the calculator's report to see detailed calculation results in tabular form.

Monthly expenses of $0 leave you with $0 available for savings.

Monthly net income is $0 after taking $0 in deductions Pie Chart: Please use the calculator's report to see detailed calculation results in tabular form.

Monthly net income is $0 after taking $0 in deductions.

Definitions

Gross amount paid

Your total gross income from your paycheck.

Other income

Any other income that you receive including bonuses, alimony, child support or income from a business.

Federal tax withholding

Total amount withheld for federal taxes. Enter this amount from your pay stub.

State tax withholding

Total amount withheld for state taxes. Enter this amount from your pay stub.

Local tax withholding

Total amount withheld for local taxes. Enter this amount from your pay stub.

Other taxes and withholding

Total amount withheld for any other taxes or miscellaneous item. Enter this amount from your pay stub.

FICA

Total withheld for FICA (Federal Insurance Contributions Act) is based on the gross income on your paycheck.

Medicare

Total withheld for Medicare based on the gross income on your paycheck.

Insurance and benefits

Total amount withheld for insurance and benefits by your employer. Enter this amount from your pay stub.

Company retirement savings plan

Total amount withheld from your paycheck that is deposited into a company retirement savings plan such as a 401(k) or 403(b).

Disclaimer

Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.