Budget Balance Checker
Check if your budget is balanced and test different financial scenarios
Current Budget
$
$
Enter your income and expenses to see your budget status
Monthly Balance:
$0.00
Savings Rate:
0.0%
Financial experts typically recommend 3-6 months of expenses
Recommended Emergency Fund
$0.00
Test a "What-If" Scenario
About Budget Balancing
A well-balanced budget ensures you're living within your means and saving for the future. Financial experts recommend:
- Saving at least 20% of your income
- Keeping housing costs below 30% of your income
- Building an emergency fund of 3-6 months of expenses
- Tracking expenses regularly and adjusting as needed
This tool helps you check if your budget is balanced and lets you test different scenarios to improve your financial health.
Note: This calculator provides general guidance. For personalized financial advice, please consult with a professional financial advisor.