50/30/20 Budget Calculator

Calculate your ideal budget breakdown using the popular 50/30/20 rule for needs, wants, and savings.

Calculate Your Budget

About the 50/30/20 Rule

The 50/30/20 rule is a simple budgeting method that divides your after-tax income into three categories:

  • 50%for needs - essential expenses you can't avoid
  • 30%for wants - things you choose to spend money on
  • 20%for savings - building your financial future