Expense Calculator
Calculate and track your monthly expenses. Analyze spending patterns, set budgets, and optimize your personal finances.
Step 1: Income & Fixed Expenses
$3,500
$1,200
$200
$300
Budgeting Tips
Try to keep housing costs below 30% of your income. Fixed expenses should ideally be 50% or less of your monthly income.
Step 2: Variable Expenses
$400
$150
$200
$500
Smart Spending
Track your variable expenses closely. Consider using the 50/30/20 rule: 50% needs, 30% wants, 20% savings/debt repayment.
Monthly Expense Analysis
Summary
Category Breakdown
Budget Analysis
Remaining After Expenses
$950
Based on $3,500 income and $2,550 total expenses
Total Expenses
$2,550
Savings Rate
14.3%
Housing % of Income
34.3%
Monthly Savings
$500
Expense Category Breakdown
| Category | Amount | % of Income | % of Expenses |
|---|
Budget Allocation Analysis
Budgeting Formula
Disposable Income = Total Income – Total Expenses
To calculate your monthly disposable income: Subtract all expenses from your total income. Aim to save at least 20% of your income for financial security.
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