50/30/20 Budget Calculator
The 50/30/20 rule turns one salary number into a plan: 50% needs, 30% wants, 20% savings and debt.
$1,500.00
Needs (50%)
$900.00
Wants (30%)
$600.00
Savings and debt (20%)
The 50/30/20 rule: half for needs, 30% for wants, 20% for savings and extra debt payments.
How to use
- Enter your monthly net (after-tax) income.
- Read the three envelopes.
- Compare with your actual spending.
Examples
3,000 net income
Output: 1,500 needs, 900 wants, 600 savings.
Frequently asked questions
What if needs cost more than 50%?
Common in expensive cities. Treat the rule as a direction: squeeze wants first, protect savings second.