RozzyHow much can I spend per day?
Enter your take-home pay, how often you're paid and the fixed costs that still have to come out. You'll get one number: what you can spend each day until your next payday.
Get this number every morning, and watch it adjust as you spend.
Get Rozzy on Google PlayNothing you type leaves this page. "Share my result" puts your numbers in the link, so only use it if you're happy for others to see them.
How your daily budget is worked out
The same method Rozzy uses, in one line:
Spend less today and the money you didn't use is shared over the days ahead, so tomorrow gets a little more. Spend more and each day ahead gets a little less. Either way you finish the pay period within your pay.
Examples
Paid monthly · $4,200
Rent $1,600, car $420, savings $300. $1,880 left over 31 days.
Open in calculator →Paid every two weeks · $1,900
Half of rent $800, phone and internet $70. $1,030 left over 14 days.
Open in calculator →Paid weekly · £520
Rent share £150, travel card £20. £350 left over 7 days.
Open in calculator →Paid monthly · ₹45,000
Rent ₹15,000, bike EMI ₹4,200, SIP ₹3,000. ₹22,800 left over 31 days.
Open in calculator →What counts as a fixed cost?
Take it out first (fixed costs)
- Rent or mortgage
- Loan, car and credit card repayments
- Insurance and school fees
- Subscriptions you can't skip
- Money you move to savings or investments
Pay it from the daily budget
- Groceries, coffee and eating out
- Fuel, taxis and public transport
- Shopping and fun
- Bills that change each month, like electricity or gas, on the day you pay them
Questions
How do I work out how much I can spend per day?
Take the money you have until your next payday, subtract fixed costs that haven't been paid yet (rent, loan payments, bills, savings), and divide what is left by the number of days until your next payday. The result is your daily budget.
I'm paid every two weeks. How do I calculate my daily budget?
Use one paycheck as your pay amount, subtract the fixed costs due before the next paycheck, and divide by 14, or by the days left until your next payday if you're starting mid-way.
What if I spend more than my daily budget?
Spread the extra over the days you have left. Each remaining day gets a little less, so you still finish the pay period within your pay. Spending less works the same way in reverse.
Should credit card spending come out of my daily budget?
Not on the day you swipe, because the money hasn't left your account yet. Count the card bill when you pay it, as a fixed cost or a bill. That way nothing is counted twice. Rozzy tracks card spends separately for this reason.
Does this calculator store my numbers?
No. Everything is worked out in your browser. Nothing you type is sent anywhere unless you choose to share a link with your numbers in it.
Let Rozzy do this every day
Rozzy turns your pay into this number every morning, adjusts it as you spend, and always shows you why. Free on Google Play. No sign-up, no ads, no bank login.