Budget Percentage Calculator
Calculate budget allocation percentages for income, expenses, and savings. Get personalized budget breakdowns with visual charts and financial insights.
Step 1: Income & Fixed Expenses
Budget Guidelines
Standard budget: Housing 30%, Transportation 15%, Food 12%, Savings 20%, Debt 10%, Other 13%. Adjust based on your financial goals and location.
Step 2: Savings & Debt Management
Financial Health
Aim for 20% savings rate, keep debt under 10%, and maintain housing costs below 30% of income for optimal financial health.
Budget Percentage Calculation Results
Total Monthly Allocation
Monthly Budget Breakdown
| Category | Percentage | Monthly Amount | Annual Amount |
|---|---|---|---|
| Housing/Rent | 30% | $1,200 | $14,400 |
| Transportation | 15% | $600 | $7,200 |
| Food/Groceries | 12% | $480 | $5,760 |
| Savings | 20% | $800 | $9,600 |
| Debt Repayment | 10% | $400 | $4,800 |
| Entertainment | 8% | $320 | $3,840 |
| Other Expenses | 5% | $200 | $2,400 |
Budgeting Tips
Track expenses monthly, adjust percentages as needed, prioritize savings and debt repayment, and review your budget quarterly for optimal financial health.
Budget Comparison Models
Budget Allocation Models
Popular Budgeting Methods
50/30/20 Rule: 50% Needs, 30% Wants, 20% Savings. Zero-Based Budget: Every dollar assigned a purpose. Envelope System: Cash-based spending by category.
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