Family Budget Calculator
Create and analyze a comprehensive family budget with income tracking, expense categories, and financial health assessment.
What is this?
A family budget calculator helps you track income and expenses across all categories, compare spending to recommended guidelines, and assess your family's financial health and savings rate.
Why do I need it?
When should I use it?
Use this calculator monthly to track spending, when creating a new budget, after major life changes, when planning for large expenses, or when trying to improve your family's financial situation.
Monthly Family Income
Enter all sources of monthly income
Housing
Recommended: 25% of income
Transportation
Recommended: 15% of income
Food
Recommended: 12% of income
Childcare & Education
Recommended: 10% of income
Healthcare
Recommended: 8% of income
Savings & Investments
Recommended: 20% of income
Personal & Family
Recommended: 5% of income
Debt Payments
Recommended: 5% of income