How You're Doing
How to use this tool
The targets above are based on the 50/30/20 framework: no more than 50% of your income on fixed costs, 30% on flexible costs, and at least 20% left for savings and investing.
Within each bucket, spend on whatever matters most to you. We don't care if you spend more on dining out and less on entertainment, or vice versa. The only individual item with its own target is housing at 35%, because it's the single biggest lever in most people's budgets.
Fixed costs are commitments that hit your account whether you think about them or not: rent, car payment, insurance, loans, subscriptions. Flexible costs are spending you control each month: groceries, dining, entertainment, clothing.
The goal isn't to track every dollar. It's to know how much of your income is already spoken for so you can make better decisions with what's left.