First, set your monthly budget goals below. Then, use the 'Add Income' and 'Add Expense' buttons to track your actual transactions for the current period.
Set Your Monthly Budget Goals
Current Month Summary
Budgeted Income Goal:£0.00
Actual Income Received:£0.00
Budgeted Expense Limit:£0.00
Actual Expenses Spent:£0.00
Overall Balance:£0.00
Remaining Budget:£0.00
Actual Income
Actual Expenses
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Add Actual Item
Monthly Budget Calculator
Set monthly income and expense goals, log actual transactions, and compare your current totals with the plan.
What this tool does
Monthly Budget Calculator separates your planned monthly income and expenses from the actual transactions you record during the current period. It calculates totals and remaining amounts so you can see whether your income and spending are tracking against the budget goals.
Who this is for
Individuals planning monthly income and spending
Households tracking recurring bills and everyday purchases
Students learning the difference between budgeted and actual amounts
Anyone who wants a lightweight browser-based monthly spending snapshot
How to use this tool
Enter the planned monthly income and planned monthly expenses in the goal fields
Press Set Budget to save the goals in this browser
Choose Add Actual Income or Add Actual Expense
Enter a description and amount, then save the transaction
Review the actual totals, budgeted totals, and remaining balance cards
Use the transaction list to review or remove individual entries, or choose Reset All to clear goals and transactions
Inputs
Budget goals — Planned income and planned expenses in pounds
Income entries — Description and amount for each actual income item
Expense entries — Description and amount for each actual expense item
Stored goals — Budget goals are kept in local browser storage
Outputs
Actual income total — Sum of saved income entries
Actual expense total — Sum of saved expense entries
Remaining amounts — Difference between planned and actual income or expenses
Transaction lists — Descriptions and amounts for the current month’s entries
Budget status — A quick view of whether actual activity is within the entered goals
Example use cases
Monthly planning — Set income and expense targets before the month begins
Spending check-in — Add groceries, utilities, rent, subscriptions, or other expenses as they occur
Income tracking — Record salary, freelance work, refunds, or other receipts
Similar SolvProb apps
Frequently asked questions
What currency does this budget calculator use?
The visible labels use pounds (£), so enter the goals and transactions in pounds for consistent totals.
Are my budget goals saved?
Budget goals are saved in local browser storage on the device and browser where you set them. Actual transaction entries are managed in the current page session.
What does Reset All remove?
After confirmation, Reset All clears the actual income entries, actual expense entries, and saved budget goals.
Need a custom finance workflow?
SolvProb builds tailored budgeting, reporting, invoicing, and finance-management tools for your organization.
