50/30/20 Budget Calculator
Split your income into needs, wants and savings using the 50/30/20 rule.
A simple budgeting framework
The 50/30/20 rule is a popular starting framework that splits your after-tax income into three buckets: half for needs, thirty percent for wants, and twenty percent for savings and debt repayment. This works out those amounts from your income, giving you a clear, simple budget to react to.
Enter your after-tax income to see the three amounts.
A guideline to adapt, not a law
The appeal of the rule is its simplicity — three buckets are easy to remember and act on, which is why it helps people who find detailed budgeting overwhelming. But the percentages are a starting point, not a prescription: in expensive areas, needs alone can exceed half of income, while someone aiming to save aggressively might flip the wants and savings shares. The real value is the discipline of consciously allocating every part of your income, especially carving out savings before spending rather than saving whatever is left. Treat the split as a sensible default to adjust to your own situation and goals, not a rule you have failed if you break.
50/30/20 Budget Calculator FAQ
What are the three buckets?
Fifty percent of after-tax income for needs, thirty percent for wants, and twenty percent for savings and debt repayment.
Do I have to follow the exact percentages?
No — they are a starting point. High living costs or ambitious saving goals justify adjusting the split; the value is deliberately allocating all your income.
Is anything uploaded?
No. The calculation happens in your browser.