The Budget Calculator helps individuals and families effectively plan their finances by comparing total income and total expenses. By entering the monthly income and expenses, the calculator instantly determines whether you have a surplus (extra money left) or a deficit (overspending). It uses the simple formula Balance=Income−Expenses\text{Balance} = \text{Income} – \text{Expenses}Balance=Income−Expenses, clearly showing the difference and providing instant feedback for better financial management. This tool is ideal for personal budgeting, savings tracking, and expense control to achieve financial stability.