Budget allocation
Loans & budgets
Budget allocation
Split monthly income between spending and saving
Example values are filled in. Replace them with your own.
Example calculation
Needs: USD 1,500.00.
Needs
USD 1,500.00
Wants
USD 900.00
Savings
USD 600.00
These amounts split your monthly income into needs, wants and savings.
Use the same currency for all amounts. Taxes and fees are excluded unless an explicit field is provided.
See formula and assumptions
The remaining share is allocated to savings. Needs and wants cannot exceed 100% combined.
- Monthly income
- Use the chosen currency. Thousands separators are accepted.
- Share for essential expenses
- For 20%, enter 20 without the % sign.
- Share for non-essential spending
- For 20%, enter 20 without the % sign.