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FinSavvy Daily

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50/30/20 Budget Calculator

Enter your monthly take-home income to see exactly how much should go to needs, wants, and long-term savings.

50/30/20 Budget Calculator

Enter your after-tax income. The 50/30/20 rule allocates 50% to needs, 30% to wants, and 20% to savings or debt repayment beyond minimums.

Needs (50%)

$2,250

Rent, utilities, groceries, insurance, transport.

Wants (30%)

$1,350

Dining, hobbies, subscriptions, travel, fun money.

Savings & Debt (20%)

$900

Emergency fund, retirement, investing, extra debt payments.