Budget Calculator
Build a monthly budget with friendly, built-in guidance from Canada's non-profit credit counselling experts. Enter your income and expenses, and we'll show you how your budget compares to guidelines developed from thousands of budgeting sessions with Canadians.
Your privacy matters: everything you enter stays on your device. Nothing is sent to us or stored on our servers. Your progress saves automatically in this browser so you can come back and finish later.
Let's get started
Step 1 of 3: About youIncome (After Tax)
Step 2 of 3: Your incomeEnter your take-home, after-tax income. You can change any income type using its drop-down list.
Enter the lump sum amount, the number of months you need this money to last, and how often you plan to withdraw funds.
Now enter your expenses. For your first draft, use the numbers you know or take your best guess. You can fine-tune everything later. Not sure what you actually spend? Our free expense tracker can help you find out.
Your budget at a glance
Where your money goes
How you compare to the guidelines
The green bands are the suggested ranges for each category, based on thousands of budgeting sessions with Canadian consumers. The purple markers show where your budget falls. Because circumstances vary across the country, you can adjust these guidelines in the settings near the bottom of this page.
Your financial health snapshot
These quick checks are based only on what you've entered here, using guidelines from the Credit Counselling Society. They're a starting point for reflection, not a verdict on your finances.
Finishing up
Step 3 of 3: ReviewHave you finished your budget, or do you need some help balancing it? If you feel you're done, let us know below.
Would you like us to see if we can offer any suggestions to reduce your expenses?
Please keep in mind that these suggestions are limited to the information you've provided in this tool and are intended only as general guidance, not specific advice. Only you can decide what is best for you and your family.
Adjust the budgeting guidelines (optional)
The Credit Counselling Society developed these guidelines from thousands of budgeting sessions with Canadian consumers. They're meant as a guide, not a rule. If a category doesn't fit your circumstances, you can change its suggested maximum here (% of your monthly income).
How was this Budget Calculator?
Your feedback is anonymous and helps us make this tool better for everyone.
Did you learn something?
