Budget
50/30/20 Budget Calculator
Split your monthly take-home pay into needs, wants and savings using the 50/30/20 rule, then adjust the percentages to fit your life.
$
Your pay after tax and deductions.
%
Rent, utilities, groceries, insurance, minimum debt payments.
%
Dining out, travel, subscriptions, hobbies.
Needs (50%)
$2,500
Wants (30%)
$1,500
Savings & debt (20%)
$1,000
Needs · 50%Wants · 30%Savings & debt · 20%
Per year, that's $12,000 toward savings, investing and paying down debt faster.
The 50/30/20 split is a starting guideline, not a rule. In high-cost areas needs often run above 50% — adjust the percentages to fit your situation.
