Budget Planner

Start by listing all income sources, then categorize your expenses into fixed (rent, utilities, insurance) and variable (groceries, entertainment, dining). The 50/30/20 rule is a popular guideline: 50% for needs, 30% for wants, and 20% for savings and debt repayment. Adjust these percentages based on your goals and circumstances.

Essential categories include: Housing (rent/mortgage, utilities, insurance), Transportation (car payment, gas, public transit), Food (groceries, dining out), Healthcare (insurance, medications), Debt Payments, Savings (emergency fund, retirement), Personal (clothing, entertainment), and Miscellaneous. Customize categories based on your lifestyle.

Financial experts recommend saving 3-6 months of essential expenses in an easily accessible emergency fund. If you have variable income or work in an unstable industry, aim for 6-12 months. Start small if needed - even $500-$1000 can cover many common emergencies.

Use this budget planner to set spending limits for each category, then track actual spending throughout the month. Review weekly to catch overspending early. Consider using the envelope method (physical or digital) where you allocate specific amounts to each category at the start of the month.

Yes, all your budget data stays in your browser using local storage. Nothing is uploaded to any server. You can export your budget for backup, but your financial information never leaves your device unless you choose to share it.