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50/30/20 Budget Calculator

Split after-tax income with the 50/30/20 rule: 50% needs, 30% wants and 20% savings and debt repayment.

Enter values

Results update as you type.

Result

Needs (50%)

$2,500.00

Wants (30%)
$1,500.00
Savings & debt (20%)
$1,000.00

About the 50/30/20 Budget Calculator

Split after-tax income with the 50/30/20 rule: 50% needs, 30% wants and 20% savings and debt repayment.

Also known as: 50 30 20 rule, 50/30/20 rule, budget rule, needs wants savings.

How to use this calculator

  1. Enter monthly after-tax income, rule.
  2. The result updates instantly as you type — press Calculate (or Enter) at any time.
  3. Review the breakdown shown under the main result.
  4. Use Copy result or Share to save the answer or send a link with your inputs.

Formula

Needs 50% · Wants 30% · Savings 20% of take-home pay

Worked example

Using the values pre-filled in the calculator above:

  • Monthly after-tax income = 5,000
  • Rule: 50 / 30 / 20

the calculator returns:

  • Needs (50%): 2,500
  • Wants (30%): 1,500
  • Savings & debt (20%): 1,000