Skip to Main Content

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.

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

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.

Latest articles

Illustration of calculator and stacks of cash
If you have $25,000 to invest in a CD right now, here’s how much you could earn.
Young smiling woman using mobile phone while working on a laptop at a cafe
Mobile apps make managing your money a snap and mobile alerts can help protect it.
Senate building in Washington DC
Sweeping changes at the Consumer Financial Protection Bureau (CFPB) signal what would be a significant shift in banking regulation under the Trump administration. While regulatory changes might sound like [...]
Mother and daughter putting money in piggy bank
Knowing how these accounts work, and how they differ, can help better your finances.
People walk by a Western Union location in New York.
Wire transfer fees can be expensive, but here are ways to send money for less.
A young man uses an ATM.
Over time, ATM fees have climbed. Here’s what you need to know.
Family looking at their finances.
Early access to direct deposited funds can make managing your budget a bit easier.
Illustration of a bar graph, moving down from left to right.
When policymakers and investors seek economic insight, they often use a tool called the yield curve. A yield curve measures the spread between yields on short- and long-term maturity bonds over time. It’s [...]
Person shopping at grocery store choosing oranges in the supermarket
Monthly budgets are popular because many expenses, such as rent and bills, occur monthly.
Man using cell phone in living room
It’s important to find the right accounts for your emergency savings.
Illustration of construction workers on a roof
An emergency fund is an essential part of a solid financial plan.
Mother and daughter shopping for vegetables
These simple moves can help you build a cash cushion.
Calendar of 2023
Use this challenge to stash more cash toward your savings goals.
illustration of money growing on trees
Here’s a helpful guide to how much you need in savings over the course of your life.
young woman smiling on city sidewalk
Creating a timeline is a useful way to plan and meet all your financial goals.
Mechanic uses force to unlock bolt
Rainy day and emergency funds differ but together provide a sound financial plan.
Financial manager meeting with couple in bank branch office
Get the latest rates on top-yielding money market accounts.
Side view of father cooking food while daughter having apple in kitchen
These simple moves can help you build a cash cushion.
Home Finances
Here’s how to earn more interest with a high-yield savings account.
Whimsical illustration of a hand putting a quarter into a miniature but realistic high end safe. As if it were a piggy bank
Comparing savings rates can ensure you get the best return on your savings.
Man watering plants
Interest is the price you pay to borrow money or the cost you charge to lend money.
Mature woman helps her daughter study for exam
High-yield savings rates fluctuate over time. Let’s explore what causes that.
Recession risks are rising. Learn six smart savings strategies to protect your money before it hits.
Person using laptop computer at home
Split direct deposit is a simple way to painlessly boost your savings.
The trusted provider of accurate rates and financial information
Wall Street Journal
Usa Today
New York Times
Cnn
Bloomberg
Abc