Budgeting basics

A budget is a spending plan that helps you understand how much money you're making and where you're spending it. A budget is the cornerstone of a strong financial plan.

Envelope budgeting

Zero-based budget

Create a home budget

Budgeting tips

A couple budgets together.

Bankrate offers 18 ideas for stretching your budget to save money.

Woman using a calculator and examining financial documents

Understanding discretionary income can help you with your budgeting strategy.

Woman sitting on a sofa looking at her laptop

Our guide tackles the basics of disposable income and how you can use it to budget.

Essential reading

Calculate your savings

Use our Savings Calculator to help you quickly and accurately estimate the growth of your investment. Set a goal and figure out how much you need to save each month to hit the mark.

Initial deposit:

Monthly contribution:

Over a period of:

Months

Years

APY:

Total savings breakdown:
	Interest earned	$ 5,803.89
	Total contributions	+ $24,000
	Initial deposit	+ $10,000

Your total savings

$ 39,803. 89

The average APY in the U.S. is 0.6%. Enter an APY to see how much you can save, or choose an APY from one of our partners.

Explore banking products:

CDs Savings Accounts MMAs Checking Accounts

Latest articles

Woman voting in a face mask at the polls

In this election, many young voters remain unsure about at least one key issue.

A photo of a check from the Treasury Department

The plan includes direct aid to taxpayers: $1,200 to individuals and $500 per child and dependent adult.

A wealthy couple research their financial accounts.

How much is too much? Here’s everything you need to know.

A picture from above of pedestrians crossing a busy street

The study shows that the number of Americans with less emergency savings has ballooned since the crisis began.

Here’s what a proposed tax credit for travel could mean for you.

When it comes to handling a windfall, don’t rush it. You’re going to want to make a financial plan.

A water faucet leaks a drop of water

Here’s how to optimize your saving strategy in a tough economy.

In case of a potential emergency, it pays to be financially prepared.

The trusted provider of accurate rates and financial information