Plan Your Finances with Budget Planner

Our Budget Planner helps you allocate your income to cover expenses and savings goals. Enter your details to visualize your budget breakdown.

How to Use the Budget Planner

1. Enter your monthly income (e.g., $3000) to start.
2. Input your fixed expenses (e.g., $1500) for rent, utilities, etc.
3. Specify your variable expenses (e.g., $500) for dining, entertainment, etc.
4. Choose your monthly savings (e.g., $500) for future goals.
5. Click Calculate Budget to see your budget allocation and chart.

The Logic Behind It

The Budget Planner calculates your disposable income and allocates funds based on your inputs:
Disposable Income = Income - (Fixed Expenses + Variable Expenses + Savings)
It ensures your budget balances and provides a visual breakdown of your spending and saving categories.

Benefits of Using the Budget Planner

• Clarity: Understand where your money goes each month.
• Control: Prioritize savings and reduce overspending.
• Goal Setting: Allocate funds for specific financial goals.
• Flexibility: Adjust expenses to fit your lifestyle.