How to use the Student Monthly Budget Planner
- 1. Enter your moneyMoney from home, stipend or part-time pay and any monthly scholarship.
- 2. Enter your costsRent, food, travel, phone, study, subscriptions, outings and other spending.
- 3. See your budgetGet what is left, whether you meet your savings goal and a safe daily spend.
How the budget is worked out
Your costs are split in two:
- Fixed: rent, travel, phone and internet, study costs and subscriptions. These are hard to change within a month.
- Flexible: food, eating out, personal care and other spending. You control these day to day.
Left at month end = income − all costs. Your savings goal = income × the savings %. The daily limit = (income − fixed costs − savings goal) ÷ 30. Keep your flexible spending under it and you will save your goal.
Worked example
You get ₹12,000 a month from home. Fixed costs are rent ₹4,000 + travel ₹800 + phone ₹300 + study ₹500 + subscriptions ₹200 = ₹5,800. Flexible costs are food ₹2,500 + outings ₹1,000 + personal ₹400 + other ₹300 = ₹4,200.
Total spending is ₹10,000, so ₹2,000 is left. Your 10% goal is ₹1,200, which you meet. The daily limit is (₹12,000 − ₹5,800 − ₹1,200) ÷ 30 = about ₹167 a day for food, outings and other flexible spending.
Simple habits that help
- Move your savings aside the day money arrives, not at month end.
- Check subscriptions every few months and cancel the ones you do not use.
- Note what you spend for one week. Most leaks are small daily items.
Earning as well? See what a job adds with the part-time earning planner or the internship stipend calculator.
Frequently asked questions
How much should a student save?
There is no fixed rule. Even a small amount each month builds the habit. Set a savings % you can keep up.
Why 30 days for the daily limit?
It keeps the maths simple. In a 31-day month the limit is a little lower, so leave a small cushion.
Is my data stored?
No. The calculation runs in your browser and nothing is saved or sent.
Is it free?
Yes. You enter your name and WhatsApp number once to see the result, and other Uncodemy tools then open without the form.