💰 50/30/20 Budget Calculator

Split your monthly income smartly: 50% Needs • 30% Wants • 20% Savings

$
🏠
Needs
$0
50%
🎉
Wants
$0
30%
💰
Savings
$0
20%

Visual Budget Breakdown

Needs
50%
Wants
30%
Savings
20%

📚 What is the 50/30/20 Rule?

  • 50% Needs: Essential expenses like rent, groceries, utilities, minimum debt payments
  • 30% Wants: Entertainment, dining out, hobbies, non-essential shopping
  • 20% Savings: Emergency fund, retirement contributions, extra debt payments
  • Flexible Approach: Adjust percentages based on your personal financial situation
  • Simple Budgeting: Easy-to-follow framework for financial planning and money management