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50/30/20 Budget Calculator
Enter your monthly take-home income to see how it could be split across needs, wants, and savings.
Needs (50%)
$2,000
Rent, utilities, groceries, insurance, minimum debt payments
Wants (30%)
$1,200
Dining out, entertainment, subscriptions, hobbies
Savings & Debt (20%)
$800
Emergency fund, investing, extra debt payoff
This is a starting benchmark, not a strict rule — your actual costs (especially housing) may not fit these exact percentages. Read our full 50/30/20 budget guide for how to adapt it, and see our disclaimer.
How this calculator works
This tool applies the 50/30/20 rule — 50% needs, 30% wants, 20% savings and debt repayment — directly to your income. It's meant as a starting benchmark, not a strict formula; your actual costs, especially housing, may not fit these exact percentages.
Read our full 50/30/20 budget rule guide for how to adapt this framework to your own situation.