A simple monthly view
Enter take-home income and the amounts spent across common monthly categories. The result shows total outgoings, what remains and the remaining amount as a percentage of income.
What belongs in each group?
Essentials can include housing, utilities, transport, insurance and basic food. Flexible spending covers costs you can more easily adjust. Planned savings includes transfers to goals or emergency reserves.
When the balance is negative
A shortfall means the entered outgoings exceed income. Review large flexible items first, then recurring commitments. A calculator can reveal the gap but cannot decide which trade-offs fit your circumstances.
Privacy and limitations
Values are calculated in your browser and are not saved by MyToolMint. This is a planning aid, not financial advice; irregular income, debt interest, annual bills and taxes may need a more detailed budget.