How to Save Money
Saving money sounds simple until you actually try to do it. The good news is you don’t need a complicated system to make progress, just a plan that fits how you actually live. This page breaks down the most common ways to save, points you toward a guide built for your specific situation, and links out to some tools that make the numbers easier to work with. Start wherever feels most relevant to you right now.
How to Save Money for Your Situation
Money-Saving Tools and Calculators
50/30/20 Budget
Split income into needs, wants, and savings.
70/20/10 Budget
Allocate income to needs, savings, and debt or giving.
Zero-Based Budget Calculator
Assign every dollar of your income a purpose.
60/20/20 Budget
Split income into needs, savings, and wants.
30/30/30/10 Budget
Split income into housing, living expenses, financial goals, and personal spending.
40/30/20/10 Budget
Automatically breaks down your after-tax income: 40% needs, 30% wants, 20% savings, and 10% giving.
Goal Savings Calculator
Calculate how much to save each month to hit your goal.
Emergency Fund
How much to save based on expenses and months of coverage.
Retirement Spending
See how long your retirement savings could last, based on how much you plan to spend, save, and when you plan to retire.