Money Check-up Calculator (savings rate, emergency fund & debt vs your targets)

How it works

Savings rate = (income − spending − debt payments) ÷ income. Emergency fund in months = emergency savings ÷ (spending + debt payments). Debt share = debt payments ÷ take-home income. Each figure is compared with the target you set; the defaults are examples, not official standards. A share card of “targets met” is easy to screenshot and compare next month.

⚠ Estimates for information only — not financial advice.

FAQ

Are these targets official?

No. They are examples you can change. Lenders use their own debt-to-income limits (often on gross income), and how big an emergency fund you need depends on how secure your income is.

What counts as emergency savings?

Money you can use within days without a loss: a savings account or deposit you can break. Investments that can fall in value or are locked away are better left out.

Checked 11 Nov 2026. Definitions: savings rate, emergency-fund months and debt-payment share of take-home income. The 20% savings example comes from the 50/30/20 guideline (Elizabeth Warren and Amelia Warren Tyagi, “All Your Worth”, 2005); all targets are yours to change.