# Monthly Budget Planner: See Where Your Money Goes > Free monthly budget planner for Indian families: enter take-home pay and expenses to see your savings rate, biggest costs and a 50/30/20 comparison. Source: https://trykosh.com/tools/budget-planner Free tool - Budgeting and planning # Monthly budget planner for Indian households List what comes in and what goes out each month, in the categories Indian households actually spend on. The planner shows your savings rate, ranks your expenses and checks them against the 50/30/20 rule. Rules checked 25 October 2026Free - no sign-upRuns in your browser Savings rate 20.4% INR 24,500 a month saved or invested - INR 9,500 not yet given a job Spent each month**INR 95,500** Saved in a year**INR 2.94 lakh** Biggest expense**Rent or home-loan EMI** Needs **INR 79,000**Wants **INR 16,500**Savings **INR 24,500** Needs: 65.8% (guide 50%) INR 79,000 Wants: 13.8% (guide 30%) INR 16,500 Savings and investments: 20.4% (guide 20%) INR 24,500 Total take-home INR 1,20,000 Where your money goes, biggest first Category Monthly Share of income Yearly Rent or home-loan EMI INR 30,000 25% INR 3,60,000 Groceries and household supplies INR 15,000 12.5% INR 1,80,000 SIPs, RDs and other savings INR 15,000 12.5% INR 1,80,000 Support to parents or family INR 10,000 8.3% INR 1,20,000 School fees and tuition INR 8,000 6.7% INR 96,000 Transport and fuel INR 7,000 5.8% INR 84,000 Utilities, mobile and internet INR 6,000 5% INR 72,000 Eating out and food delivery INR 6,000 5% INR 72,000 Shopping, clothes and gadgets INR 6,000 5% INR 72,000 Insurance premiums INR 3,000 2.5% INR 36,000 Everything else INR 3,000 2.5% INR 36,000 Subscriptions and memberships INR 1,500 1.3% INR 18,000 You're saving at least a fifth of take-home, which is the 50/30/20 benchmark. Give any unallocated money a job before it drifts into spending. ## Upload your statement and Kosh does this for you. Upload a bank statement and Kosh builds this from your real spending: every UPI payment, EMI and subscription, sorted and priced. [Start free](/signup?via=tool-budget-planner) ## How the monthly budget planner works Start with take-home income: the amount that actually reaches your bank account after income tax, PF and professional tax. If two of you earn, add both. Budgeting on CTC or gross salary is the most common mistake, because a large slice of CTC never reaches you as cash. Then fill in the expense heads. They follow how money really leaves an Indian home: rent or home-loan EMI, groceries and house help, utilities including mobile and broadband, transport and fuel, insurance premiums, school fees, support to parents, other EMIs, eating out and delivery, shopping, subscriptions and everything else. Convert yearly bills to monthly: a INR 36,000 health premium is INR 3,000 a month, and a INR 96,000 annual school fee is INR 8,000. The planner groups the heads into needs (housing, food, bills, commute, insurance, fees, family support and EMIs), wants (eating out, shopping, subscriptions, travel and the rest) and savings (SIPs, RDs and other investments, plus anything left unallocated). Your savings rate is savings divided by take-home income. It then sets each bucket against the 50/30/20 guide and lists every category from largest to smallest with its share of income and yearly cost. Seeing INR 12,000 a month on delivery as INR 1.44 lakh a year is often what makes a budget stick. Savings rate = (SIPs and savings + money left unallocated) / take-home income x 100 Take-home income salary credited after tax, PF and professional tax Unallocated income minus every expense and saving you listed ## Worked example: Rohan and Sneha, INR 1.6 lakh take-home in Bengaluru Rohan and Sneha bring home INR 1.6 lakh a month together. Rent is INR 38,000, they send INR 15,000 to Rohan's parents, pay a INR 12,000 car EMI and spend INR 12,000 on eating out and delivery. Only INR 12,000 goes into SIPs. Needs take INR 1,15,000, or 71.9% of income, wants INR 28,500, and with INR 4,500 left over their savings rate is just 10.3%. Reaching 20% means finding INR 15,500 more a month; the delivery and shopping lines are the obvious place to look. Savings rate 10.3% INR 16,500 a month saved or invested - INR 4,500 not yet given a job Spent each month**INR 1,43,500** Saved in a year**INR 1.98 lakh** Biggest expense**Rent or home-loan EMI** Needs **INR 1,15,000**Wants **INR 28,500**Savings **INR 16,500** Needs: 71.9% (guide 50%) INR 1,15,000 Wants: 17.8% (guide 30%) INR 28,500 Savings and investments: 10.3% (guide 20%) INR 16,500 Total take-home INR 1,60,000 To reach a 20% savings rate you'd need to save INR 15,500 more a month. Wants are usually the easiest place to find it. [Load this example into the calculator ->](?income=160000&rent=38000&groceries=18000&utilities=7000&transport=9000&insurance=4000&school=12000&family=15000&otherEmi=12000&eatingOut=12000&shopping=9000&subscriptions=2500&other=5000&sip=12000#calculator) ## Good to know - Budget on take-home, not CTC. Employer PF, gratuity and variable pay inside a CTC can be 15-25% of it and none of it pays this month's rent. - Spread lumpy yearly costs (insurance premiums, school fees, festival spending, car insurance) into a monthly figure, or they will ambush the month they fall due. - Money sent to parents is a real, recurring obligation for many Indian households. Treat it as a need, not as something to squeeze out of leftovers. - Pay yourself first: set SIP and RD dates a day or two after salary credit, so saving happens before spending rather than from whatever remains. - Check your bank and card statements for a month before you fill this in. Most people underestimate food delivery and small UPI spends by a third or more. ## Frequently asked questions What is a good savings rate in India? 20% of take-home pay is a sensible floor and the benchmark in the 50/30/20 rule. If you are saving for a house, early retirement or children's education, 30% or more is common. Below 10% leaves little room for emergencies or long-term goals. Should EPF count in my savings rate? Not in this planner, because your EPF contribution is deducted before salary reaches your bank, so it is not part of take-home income. It is still real retirement saving. If you want a fuller picture, your total savings rate is (EPF + SIPs + other savings) / gross salary. How do I budget with irregular income? Budget on your lowest typical month rather than the average, and treat anything above it as a bonus that goes first to your emergency fund and then to goals. Freelancers and business owners often pay themselves a fixed monthly 'salary' from a separate account to smooth things out. Is a home-loan EMI a need or a want? It is a need, in the same bucket as rent, because missing it has serious consequences. Only the extra prepayments you choose to make count as savings. A good rule is to keep all EMIs together under 40% of take-home pay. How often should I review my budget? Look at it monthly for the first three months while you learn your real spending, then once a quarter. Revisit it after any big change: a salary hike, a new loan, a child starting school or a move to another city. ## Sources and assumptions - [Reserve Bank of India](https://www.rbi.org.in/) - [SEBI investor education](https://investor.sebi.gov.in/) Rules and rates last checked on 25 October 2026. Results are estimates for planning and education, not tax, legal or investment advice. Kosh is an educational financial planning tool by Primedepth Labs. It is not a SEBI-registered investment adviser and does not offer personalised investment advice, hold your money or execute trades. Markets carry risk; read scheme documents carefully and consult a registered adviser before acting.