50/30/20 Budget Calculator — Free Budget Planner

The classic budgeting rule: 50% needs, 30% wants, 20% savings. Apply it to your income instantly.

Your Income

Monthly Take-Home Pay ($)

Pay Frequency

Needs % (default 50%)

Wants % (default 30%)

Needs 50%

Rent, groceries, utilities, insurance, minimum debt payments

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Wants 30%

Dining out, entertainment, subscriptions, hobbies, travel

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Savings 20%

Emergency fund, retirement (401k/IRA), investments, extra debt payoff

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Annual Summary

Annual income—

Annual needs budget—

Annual wants budget—

Annual savings—