Financial Tools
50/30/20 Budget Calculator
Split your take-home pay into needs, wants, and savings or debt payoff, then compare the rule with what you actually spend.
Monthly Take-home Pay (after taxes)
Your Split
Needs (%)
Wants (%)
Savings and Debt Payoff (%)
What You Spend Now
Needs (rent, groceries, utilities, insurance, minimum payments)
Wants (dining, travel, subscriptions)
Savings and Extra Debt Payments
Values shown are examples. Edit them to match your situation.
Your 50/30/20 Plan
| Needs Budget | $0 |
| You Spend | n/a |
| Wants Budget | $0 |
| You Spend | n/a |
| Savings and Debt Payoff Target | $0 |
| You Save | n/a |
| Unallocated Each Month | $0 |
For illustration only, not financial advice. Results are estimates based on the numbers you enter and do not constitute an offer, rate quote or approval.
Questions people ask
How does the page split my income?
It multiplies your monthly take-home pay by the three shares you set for needs, wants, and savings and debt payoff. The defaults are 50, 30 and 20, and you can change any of them.
Should I enter gross pay or take-home pay?
Take-home pay, after taxes. The input asks for it, and every target on the page is a share of that figure.
What does Unallocated Each Month mean?
It is take-home pay minus what you spend now on needs, wants and savings. A negative number means you spend more than you bring in, and the page shows a note.
What if my three shares do not add up to 100%?
The page still computes each target but shows a note with the total, so you can adjust the split until it covers your whole take-home pay.
