Free Budget Calculator for Students

Enter your monthly income, set your expenses, and see where your money goes. Print your budget or save it as a PDF.

Last updated March 2026

$
Category Amount
Total Expenses $0
Remaining $0
You're under budget. Nice work! Consider putting the extra toward savings or an emergency fund.

Budget Breakdown

The 50/30/20 Budget Rule

A simple framework used by financial advisors worldwide. Divide your after-tax income into three categories:

50%
Needs
Rent, food, utilities, transportation, insurance
30%
Wants
Entertainment, dining out, subscriptions, hobbies
20%
Savings
Emergency fund, investments, debt repayment

This calculator pre-fills amounts based on the 50/30/20 rule. Adjust the numbers to match your actual situation, then use CustomBank to practice managing your budget with realistic banking transactions.

Practice Managing This Budget

Turn your budget plan into action. CustomBank lets you simulate deposits, bill payments, and transfers with zero risk.