Where does my monthly pay go?
Start with your take-home pay after tax, then enter what you spend in a typical month. Leave anything that does not apply at zero.
Your estimate
LEFT AT THE END OF THE MONTH
How this is estimated
What the calculator assumes.
The 50/30/20 rule. A common rule of thumb, not an official standard: about half of take-home pay for needs, 30% for wants and 20% for savings and paying down debt. High-cost cities often push housing well above it.
Official help. The Financial Consumer Agency of Canada has a guide to making a budget. To see how much rent fits your income, try the rent affordability calculator.
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