Budget Calculator
Use the 50/30/20 rule to build a monthly budget that works for your income.
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Enter Your Monthly Income
Enter your monthly take-home pay (after taxes). The 50/30/20 rule will divide it into recommended spending categories.
$
Your 50/30/20 Budget
Based on a monthly income of $0
50% — Needs
Rent, groceries, utilities, transportation, minimum debt payments
$0
30% — Wants
Dining out, entertainment, subscriptions, shopping, hobbies
$0
20% — Savings & Debt Payoff
Emergency fund, retirement contributions, extra debt payments
$0
This is a starting point, not a strict rule. If you live in a high-cost city, your needs may be more than 50%. That's okay; the goal is awareness. Adjust the percentages to fit your real life, but always try to save something first.