Decide the split first
Start with the take-home amount that reached your account. Then set aside the fixed bills, a spending limit for the month and a fixed amount for savings. The money left after these is what you can freely spend.
Entering the salary with its receiving account keeps the plan honest, because the account the money came from is visible on each entry.
Let the plan set your limits
When the numbers are in the plan, the dashboard shows money left for you. If it is lower than you expected, you can see which category is taking the space and change it next month.
- Salary entered once per month, with its account
- Fixed bills and savings counted before spending
- Money left shown on the dashboard
- Review the split at month end
Questions people ask
How is a salary planner different from a budget?
A budget is the whole plan. A salary planner focuses on splitting one month's pay into bills, spending and savings before the month begins.
What if my salary changes each month?
Each month has its own salary entry, so you can plan with the actual amount for that month.
Is it free?
Yes. budgetbaba is free to use, with no ads.