The Budget Planner helps you track income vs expenses and calculate monthly savings rate. Good budgeting is the foundation of financial freedom!
| Category | % | Example (₹50,000 salary) |
|---|---|---|
| Needs (rent, food, bills) | 50% | ₹25,000 |
| Wants (entertainment, shopping) | 30% | ₹15,000 |
| Savings/Investments | 20% | ₹10,000 |
It compares your monthly income against your expenses to show how much you are saving or overspending, helping you see where your money goes and where you can cut back.
A popular guideline suggests spending about 50% of income on needs, 30% on wants, and 20% on savings or debt repayment. The planner helps you check how your spending compares.
Yes. Set aside a monthly amount for irregular costs like annual insurance or festivals by dividing the yearly total by twelve, so they do not surprise your budget later.