Budget Calculator
Split any income into the 50/30/20 budget: needs, wants and savings. Get your monthly allocation in seconds.
About this tool
This budget calculator applies the famous 50/30/20 rule to your monthly take-home income and shows exactly how much belongs to needs, wants and savings.
The framework is deliberately simple — one number, three buckets. When your spending drifts, the calculator is the fast reset that keeps saving on autopilot.
FAQ
What is the 50/30/20 rule?
A classic budgeting framework: 50% of take-home pay on needs, 30% on wants and at least 20% on savings and debt repayment.
What counts as needs?
Non-negotiable essentials: rent or mortgage, utilities, groceries, transport, minimum debt payments and health insurance.
How do I start budgeting?
First track everything you spend for a month, then set the 50/30/20 allocation on your real numbers — automated transfers make it stick.