The Budget Planner helps you create a personalized monthly budget in minutes. Enter your income, choose the 50/30/20 rule, custom ratios, or zero-based budgeting, and instantly see how to allocate every dollar. Customize categories to match your real expenses, compare your plan against actual spending, and get a clear picture of your financial health. Free, no signup required.
Select a budgeting framework that works best for your financial goals. You can always switch later.
Turn this budget into a live tracker. Auritrack automatically categorizes your spending and shows how you measure up against your budget plan in real time.
Try Auritrack FreeType your monthly income after taxes and deductions. You can also enter an annual salary, hourly wage, or bi-weekly paycheck and the tool converts it to a monthly figure automatically.
Select the 50/30/20 rule for a proven framework, custom ratios for full control over categories, or zero-based budgeting to assign every dollar a purpose.
Expand each category and adjust the sub-category amounts to match your real expenses. Add or remove items freely. The parent category percentage updates automatically as you edit.
Optionally enter what you actually spend in each category. The tool highlights where you are over or under budget with color-coded indicators and a financial health score.
View your complete budget breakdown with category totals, percentage allocations, and remaining income. Use the summary to guide your monthly spending decisions.
The 50/30/20 rule divides your after-tax income into three simple categories: 50% for needs, 30% for wants, and 20% for savings and debt repayment. Needs cover non-negotiable expenses like rent, utilities, groceries, insurance, and minimum loan payments. Wants include discretionary spending such as dining out, entertainment, subscriptions, and travel. The final 20% goes toward building your financial future through emergency savings, retirement contributions, and accelerated debt payoff. For example, on a monthly take-home pay of $4,000, you would allocate $2,000 to needs, $1,200 to wants, and $800 to savings and debt.
The 50/30/20 split is an excellent starting point, but it does not fit every situation. If you live in a high-cost city where rent alone consumes 40% of your income, you may need a 60/20/20 or 70/20/10 split. Custom ratios let you define your own categories and percentages based on your actual financial obligations. Zero-based budgeting takes a different approach entirely: every dollar of income is assigned a specific job until the remaining balance is exactly zero. This does not mean spending everything — savings and investments are explicit line items. Zero-based budgeting works well for people who want granular control and full accountability over every dollar.
A budget is the foundation of every sound financial plan. Without one, spending tends to expand to fill (or exceed) available income. Research consistently shows that people who follow a written budget save more, carry less consumer debt, and feel more confident about their finances. The act of categorizing expenses also reveals spending patterns you might not notice otherwise. Many people discover they spend significantly more on subscriptions, dining out, or impulse purchases than they realized. Once you see the numbers, you can make informed trade-offs rather than wondering where the money went at the end of every month.
Find out how much to save each month to reach your target by your deadline. Visualize your progress toward any goal.
Compare snowball vs avalanche methods, see payoff timelines, and plan your debt-free journey.
List all your recurring subscriptions, see monthly and yearly totals, and find savings opportunities.
Add up your assets and liabilities to see your total net worth instantly. Understand where you stand financially.
Disclaimer: This tool is provided for informational and educational purposes only. It does not constitute financial, tax, investment, or legal advice. Results are estimates based on the inputs you provide and may not reflect actual financial outcomes. Always consult a qualified financial professional before making financial decisions.
