50/30/20 Budget Calculator

The 50/30/20 budget is a simple way to manage your money. You take your after-tax income and split it into three categories: 50% for Needs like rent, bills, and groceries, 30% for Wants like eating out, shopping, or hobbies, and 20% for Savings and debt repayment.

Type in your monthly after-tax income and the pie chart will split it into Needs, Wants, and Savings.

50/30/20 Budget Calculator

Type in your monthly after-tax income and the pie chart will split it into Needs, Wants, and Savings.

🏠 50% Needs

Rent, groceries, bills, and essentials you can't skip.

$0.00
🎉 30% Wants

Fun spending like eating out, movies, shopping, and hobbies.

$0.00
💰 20% Savings

Emergency fund, extra debt payments, and long-term goals.

$0.00
Needs (50%)
Wants (30%)
Savings (20%)

How it Works

1. Enter your monthly after-tax income – the money you actually get in your account.

2.Watch your income split automatically – the calculator shows how much goes to Needs, Wants, and Savings in real time.

Learn More About the 50/30/20 Budget Rule

If you want to dive deeper, take a look at our full 50/30/20 budget guide.