A budget is simply a plan for where your money goes each month. Enter your take-home pay and your typical spending to see what is left and how your split compares with the popular 50/30/20 rule of thumb.
Monthly budget planner
Enter your monthly take-home pay and your typical spending. The planner shows what is left over and compares your split with the popular 50/30/20 rule of thumb (needs / wants / saving and extra debt repayment).
Assumptions: 50/30/20 is a simple starting point, not a rule you must follow. With high housing costs in much of the UK, needs often take more than 50%; the useful question is whether you have money left for saving and whether your spending matches your priorities.
This tool gives general information and simple arithmetic only. It is not financial advice and Crypto Financial Care is not authorised by the FCA. Nothing you enter is sent or stored. Free, impartial help: MoneyHelper; free debt advice: StepChange, National Debtline, Citizens Advice.
How to use the results
Treat the numbers as a starting point for your own planning, not a recommendation. Your situation, priorities and any professional advice you receive matter more than any rule of thumb. You may also find our guide on more money basics guides useful.
