Vectra Trust – Bank & Save, Home Loans, Business Banking

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Total Income
$4,850
+2.5% vs last month
Total Expenses
$3,420
-1.2% vs last month
Savings
$1,430
+8.3% vs last month
Savings Rate
29.5%
+2.1% vs last month

Income

Salary
Monthly salary
$3,500.00
Freelance
Side projects
$850.00
Investments
Dividend income
$500.00
Total Income $4,850.00

Expenses

Rent / Mortgage
Housing costs
$1,200.00
Groceries
Food & household
$650.00
Transportation
Car, gas, insurance
$420.00
Entertainment
Streaming, dining out
$350.00
Healthcare
Medical & insurance
$250.00
Shopping
Clothing, personal
$300.00
Utilities
Phone, internet, power
$250.00
Total Expenses $3,420.00
Remaining Balance
$1,430.00
Savings Rate
29.5%
Save this budget

Smart Budgeting Tips

Simple strategies to help you save more and spend smarter.

01

Track Every Dollar

Know where your money goes. Track all your expenses, no matter how small, to identify spending patterns.

02

Follow the 50/30/20 Rule

Allocate 50% for needs, 30% for wants, and 20% for savings. A simple formula for balanced finances.

03

Automate Your Savings

Set up automatic transfers to your savings account each payday. Save before you spend.

04

Review Regularly

Review your budget monthly. Adjust categories and goals as your life and income change.