$1,800 a month is yours to spend.
You take home about $7,205 a month, which leaves $2,705 a month to save. Keep to it and you could retire at 57.
Your date uses the homepage’s example: Ontario, age 35, $85,000 saved. Assumes 6% a year on retirement savings and 2.5% inflation, in today’s dollars. An estimate, not financial advice. Make those yours
Day 18 of 31Example month
That budget is for an example household. Tap any underlined amount to make it yours.
I earn a year before tax and spend a month. Housing is of that, and other bills come to .
Free. Your income and spending go with you; housing and bills come from your bank or your own list. Connect a bank later, or never.
Every transaction, in its category
Your bank sends descriptions like “SQ *MOXIES GRILL 4421 CALGARY AB”. Your rules turn them into a merchant and a category, and with Pro, cinder files the rest and asks you once when it isn’t sure.
- Moxie’s GrillDining & Drinkscinder$64.20
- CostcoGroceriesYour rule$212.48
- AmazonPersonal & Shoppingcinder$38.99
- SpotifySubscriptionsYour rule$11.99
- ShellTransportationYour bank$58.10
- Jamie LTransfer, not spendingcinder+$120.00
- Costcocinder is asking$84.12
Costco, $84.12. You usually file Costco as Groceries, but this one looks different. Which is it?
One answer files the whole pattern and becomes a rule.
You’ve filed Shell as Transportation twice. Make it a rule?
- Rules you set once“Costco is always Groceries” files past and future purchases.
- Who sorted whatEach transaction says whether a rule, cinder, your bank or you put it in its category.
Your spending, by category
A starting split of what’s yours to spend. Beside each amount is what it costs in retirement time: how much sooner you could retire without it.
- Groceries$5804.5 years sooner without it
- Transportation$2902.5 years sooner without it
- Dining & Drinks$2702 years sooner without it
- Personal & Shopping$2702 years sooner without it
- Travel & Vacation$22021 months sooner without it
- Miscellaneous$17017 months sooner without it
Where your take-home goes
- Housing$2,070
- Other bills$630
- Saving$2,705
- Yours to spend$1,800
Move $300 a month from spending to saving and you could retire 2.5 years sooner.
Bills fill themselves in
Connect your bank and cinder.fi finds your rent, utilities and subscriptions, learns when each one is due and sets it aside before you see what’s left to spend. You approve each one.
Skip the bank if you’d rather. You can add bills by hand, or import a statement with Pro.
- RentDue on the 1st$2,070
- Car insuranceDue on the 1st$204
- InternetDue on the 3rd$82
- GymDue on the 5th$58
- ElectricityDue on the 12th$92
- StreamingDue on the 15th$39
- PhoneDue on the 22nd$116
- Home insuranceDue on the 28th$39
Example bills, scaled to your answers.
On your iPhone
The iPhone app keeps what’s left to spend a glance away, opens with Face ID, and can tell you when new transactions arrive or a bill is coming up. Your budget and your retirement plan are the same ones you see on the web.
Download on the App StoreOn Android? Join the waitlist.
Prefer to assign every dollar?
Switch on Assign every dollar and each dollar of income gets a job, with month budgets and what’s left to assign. Rolling unspent money into next month comes with Pro.
Your data
Your bank login stays with Plaid. Encrypted modes are free on every plan, though they switch off AI features. Your account database is hosted in Canada, and your data is never sold.
If retirement is the bigger question, find the year you could retire. Your budget plugs into it whenever you’re ready.