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50/30/20 budget calculator

The 50/30/20 rule is the easiest budget to remember: 50% of your take-home pay to needs, 30% to wants, 20% to savings and debt. Pop your monthly income in below and see your split instantly — nothing to sign up for.

The amount that actually lands in your account after tax — not your gross salary.

Needs50%

Rent, bills, groceries, transport, minimum debt payments — the essentials that keep life running.

Wants30%

Eating out, hobbies, subscriptions, treats. Fun is planned for, not banned.

Savings & debt20%

Building an emergency fund, saving for goals, or paying down debt faster than the minimum.

This is a starting point, not a rule. If your rent alone is more than half your pay (very common), shrink the wants slice and keep saving something — even a little counts.

How to use your split

The numbers above are targets, not handcuffs. Use them to sanity-check where your money goes: if your needs already eat far more than half, that's useful to know — it means the pressure is on fixed costs, not your coffee habit.

Want the full picture with a worked example? Read the 50/30/20 rule explained.

Now make it real

A split on paper is a great start. BudgetPro turns it into a living budget you can actually track — no bank login, no jargon, free to start.

Start budgeting free