Personal Monthly Budget Creator

Act as a personal finance advisor. I need help creating a detailed monthly budget. Please analyze my financial situation and create a comprehensive budget plan.<br><br>My Information:<br>- Monthly after-tax income: [AMOUNT]<br>- Current monthly expenses: [LIST ALL EXPENSES WITH AMOUNTS]<br>- Financial goals: [SHORT-TERM AND LONG-TERM GOALS]<br>- Current savings: [AMOUNT]<br>- Current debts: [LIST WITH AMOUNTS AND INTEREST RATES]<br>- Risk tolerance: [Conservative/Moderate/Aggressive]<br><br>Please provide:<br>1. A detailed monthly budget breakdown using the 50/30/20 rule (or suggest a better allocation)<br>2. Specific expense categories with recommended amounts<br>3. Areas where I can optimize spending<br>4. Emergency fund recommendations<br>5. A realistic savings plan aligned with my goals<br>6. Monthly budget tracking template<br>7. Red flags to watch for in my spending<br><br>Format the response as a clear, actionable budget plan with specific dollar amounts and percentages.