50 30 20 Budget Calculator
The 50/30/20 rule keeps money simple: half of your income for needs, 30 percent for wants, and 20 percent for savings. Enter your salary to get your targets and compare them with what you actually spend each month.
Needs Target (50%)
—
Wants Target (30%)
—
Savings Target (20%)
—
Needs vs Target
—
Wants vs Target
—
Income Left After Your Actual Spending
—
How to use
- Enter your monthly take-home income.
- The targets will show instantly: 50% needs, 30% wants, 20% savings.
- If you enter your actual needs and wants spending, you will also see the difference from the target.
- Try to keep your spending within these limits every month.
Note
Needs include rent, bills, groceries, transport, and minimum loan payments. Wants include eating out, shopping, and entertainment. This rule is a starting guideline — in expensive cities, needs can be more than 50%.