Finance Calculator · UK

Monthly Budget
Planner

Enter your income and expenses — see exactly where your money goes

All figures
Monthly take-home income
£

Left over / surplus
£0
Total spending
£0
Income
£0
Expenses
£0
Savings Rate
0%
Spending breakdown
50 / 30 / 20 Rule — how you compare
50% Needs (housing, food, bills)
£0 £0
30% Wants (dining, fun, clothing)
£0 £0
20% Savings & debt repayment
£0 £0

How to Plan a Monthly Budget in the UK

A monthly budget works by mapping your take-home income against all your outgoings. Start with essentials — rent or mortgage, utilities, food, transport and minimum debt repayments. These are non-negotiable and should account for no more than 50% of your income according to the popular 50/30/20 rule. The remaining 30% covers discretionary spending like dining out and entertainment, and the final 20% goes to savings and additional debt repayment.

Most UK households overspend on subscriptions and dining without realising it. Running this budget planner monthly — especially after pay day — helps you spot leaks before they compound. Even a £200/month surplus invested consistently can grow significantly over 10–20 years thanks to compound interest.

To calculate your monthly take-home pay to enter above, use our Take-Home Pay Calculator. To put your surplus to work, see our Savings Goal Calculator.

Related Calculators
Emergency Fund Calculator → Savings Goal Calculator → Net Worth Calculator →
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Written and reviewed by Sanjeev Yoganathan
BSc Actuarial Science · 10+ years in insurance, pricing and financial services