Income & Expense Wallet
Track your monthly income and expenses with interactive sliders that update in real time. See your net income, savings rate, and expense distribution at a glance.
What We Offer
Income Sources
Adjust each income source to see how it affects your total:
Monthly Expenses
Adjust each expense category
Insights
Gain unique insights across the board
Manage & Simulate Your “Income & Expense Wallet”
Income & Expense Dashboard
India’s free interactive budget planner: track income, manage expenses, calculate savings rate & follow the 50/30/20 rule
General Questions
It’s a free interactive tool to track your monthly income and expenses in real time. Adjust sliders to see how changes affect your net income, savings rate, and overall financial picture. No sign‑up required.
No. The dashboard works entirely in your browser. Your data stays on your device and is never stored anywhere.
Yes, completely free. No hidden charges, no premium tiers, no credit card required.
Spreadsheets need manual updates. Here, sliders give instant visual feedback – you see your savings rate and expense ratio change immediately as you adjust numbers. It’s faster and more intuitive.
Income Sources
You can track Salary, Bonus, Freelance, Business, Rental, Interest, and Dividends. All sliders are adjustable to match your actual monthly numbers.
Yes. Use the Freelance slider for irregular income, and Business slider if you have a registered business. Both are separate categories.
The dashboard covers the most common sources. For additional income (e.g., crypto staking, royalty), you can combine them into one of the existing sliders or use the “Business” category as a catch‑all.
Salary, Bonus, Freelance, Business are active. Rental, Interest, Dividends are passive. The insight box counts active streams separately.
Expense Categories
Rent/EMI, Groceries, Utilities, Transport, Healthcare, Education, Food/Take-out, OTT/Subs, Broadband, Mobile, Gym, and Family expenses. These cover 90% of urban Indian household spending.
Both are fixed housing costs. If you have both rent and a home loan, you can split them or use the “Family” category for one of them.
Investments (SIPs, PPF, etc.) are not expenses – they’re part of savings. This dashboard focuses on consumption expenses. Use our Wealth & Investment Wallet for investment tracking.
Currently the categories are fixed, but they cover most common types. Future versions may allow custom categories.
Calculations Explained
Net Income = Total Income – Total Expenses. It’s your take-home surplus after all expenses.
Savings Rate = (Total Income – Total Expenses) ÷ Total Income × 100%. It shows what percentage of your income you’re saving. A rate above 20% is considered healthy.
Expense Ratio = Total Expenses ÷ Total Income × 100%. It shows what percentage of your income goes toward expenses. The rest is savings.
The 50/30/20 rule suggests 50% of income for needs, 30% for wants, and 20% for savings. Our dashboard highlights this – e.g., if your rent (a need) exceeds 50%, you’ll see an alert.
Insights are generated dynamically based on your slider values. For example, if you have fewer than three active income sources, the dashboard suggests diversifying.
Insights & Recommendations
It’s the income slider with the highest value. If it’s too dominant, diversification may be recommended.
Relying on a single income stream is risky. Multiple sources (salary + freelance + rental) provide stability. It’s a common personal finance principle.
20‑30% is excellent. 10‑20% is average. Below 10% is a red flag – you may need to cut expenses or increase income.
Below 80% is good (saving 20%+). Above 90% is risky – you’re saving almost nothing.
We use 6 months of your monthly expenses. For example, if expenses are ₹50,000, target is ₹3,00,000. This is the standard safety net rule.
We take 70% of your monthly savings as a conservative investable surplus – enough for mutual fund SIPs while keeping some liquidity.
Technical & Privacy
Yes. The layout adjusts automatically for phones and tablets. All sliders and charts are touch‑friendly.
No. All data stays in your browser. Refreshing the page resets everything to default values.
Sliders let you see how small changes affect your finances instantly. It’s faster and more intuitive than typing numbers, especially for exploring different scenarios.
Not directly, but you can take a screenshot or note down the key numbers. A future update may include export features.
Troubleshooting
Make sure JavaScript is enabled in your browser. Try refreshing the page. If the problem persists, update your browser or try Chrome/Firefox/Edge.
Try a different browser. Clear your browser cache and reload. If using an ad blocker, try disabling it temporarily.
Double-check that all sliders are set to your actual values. The dashboard calculates everything automatically – refresh if you see any inconsistency.
Yes, simply refresh the page. All values will return to the original examples.
Future Plans
Yes. Planned updates include expense categorization by type (needs vs wants), savings goals, and export to CSV/PDF.
This feature is under consideration. For now, you can note down your numbers or take screenshots. Browser storage may be added later.
We’re evaluating user demand. If many users request custom categories, we’ll prioritise it.
How We Compare
Walnut and ET Money automatically track transactions by linking to your bank accounts. Our dashboard is manual – you enter numbers via sliders. It’s for planning and “what‑if” scenarios, not for live tracking.
Spreadsheets require formulas and manual updates. Our dashboard gives instant visual feedback – you see your savings rate change as you slide. It’s faster for quick planning.
Redefining Writing Every Month
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