finance
Budget Calculator
Split your income into needs, wants, and savings with the 50/30/20 rule.
$
Monthly income
$5,000.00
Split using the 50/30/20 rule.
Needs (50%)
$2,500.00
Wants (30%)
$1,500.00
Savings (20%)
$1,000.00
How it works
- 1Enter your monthly after-tax income.
- 2See it split 50% needs, 30% wants, 20% savings.
- 3Use the amounts as targets for your monthly budget.
Use cases
- Set up a simple monthly budget.
- Check whether your spending fits the 50/30/20 rule.
- Decide how much to put toward savings.
Frequently asked questions
What is the 50/30/20 rule?
A simple budgeting guideline: spend about 50% of after-tax income on needs, 30% on wants, and 20% on savings and debt repayment.
Should I use gross or net income?
Use after-tax (take-home) income, since that is what you actually have available to budget.
Is my data stored?
No. Everything runs in your browser.
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