Tools to Help You Budget

Updated November 2, 2019 . AmFam Team

Managing your budget can be tricky. Get some help with these budgeting tools. Learn more about how they work, download a few and see which ones work best for you!

Living without a budget is a little like going on a road trip without a road map. It feels carefree, but how will you get to your destination without knowing which way to turn? There are a lot of great budgeting tools out there to help you get started and be prepared for the unexpected when it happens. Check out our tips for finding the best budget calculators and budget planners to keep your dreams on track.

Budget Calculators

There are some basics to creating a budget: you need to know how much money you’re making and how much you’re spending. Budget calculators make doing the math a snap.

50/20/30 budget calculator

This financial budget calculator from NerdWallet (Opens in a new tab) is great for simple budgeters and people who want to see a quick budget breakdown. The 50/20/30 rule divides your income into three different buckets and weights them: 50 percent for necessities, 30 percent for wants and 20 percent for savings and paying off debt.

Monthly budget calculator

You might be surprised to find out how much you’re spending on those lattes you love. Every little purchase adds up quickly! This monthly budget calculator from Clearpoint (Opens in a new tab) helps you see exactly where your money is going. That way, you can find easy ways to make changes.

Budget planner – NerdWallet

This budget planner from NerdWallet (Opens in a new tab) provides a much more in-depth breakdown of where your money goes. How does it work? Fill out the worksheet to get a quick calculation. There are fields for rent and mortgage payments, utility bills and auto insurance. You’ll also see spots to fill in for fun things like travel, clothing purchases or dining out.

Budgeting to protect your goals

You have dreams and you’re determined to achieve them. Creating a budget is one of the best ways to get to your financial goals — and now you have the tools to do it. Being savvy about your spending habits can add up to big gains in your wallet, and that all starts with a monthly budget plan. And once you have a firm grasp on your finances, you’ll have more control over bringing your dreams to life.

Want to learn how to keep even more money protected and in your pocket? Check out our discounts, and contact an agent for a quote today (Opens in a new tab).

Budgeting can be tricky — but these tools make it easier and can help you get on track with a budget that fits your lifestyle and protects your long-term financial goals.

This article is for informational purposes only and based on information that is widely available. This information does not, and is not intended to, constitute legal or financial advice. You should contact a professional for advice specific to your situation.

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