CalculatorAug 9, 2026Updated Aug 9, 20262 min read
Budget Planner UK: Free Monthly Budget Calculator
Free UK budget planner to track your income and expenses. See where your money goes, check if you're following the 50/30/20 rule, and get personalised recommendations.
Enter your monthly income and expenses below to see exactly where your money goes and whether you’re living within your means.
Income
Expenses
How this is calculated
Needs include rent/mortgage, bills, food, transport and debt repayments. Wants are personal and leisure spending. Savings is whatever remains after needs and wants. The 50/30/20 rule is a guideline, not a strict target.
The 50/30/20 Rule
A popular budgeting framework suggests allocating your after-tax income as:
This is a guideline, not a rule. If you’re on a low income, your needs may take up more than 50%, leaving less for wants and savings. Read our budgeting on a low income guide for tailored advice.
Disclaimer: This tool provides general budgeting guidance only and does not constitute financial advice. For free, confidential money advice, visit MoneyHelper or Citizens Advice.