Does the 50/30/20 budget fit your income?

Split take-home pay into needs, wants and savings targets.

When this calculator is useful

See how your actual monthly spending compares with the 50% needs, 30% wants and 20% savings/debt guideline.

What to enter

Enter monthly after-tax income plus what you actually spend on needs, wants and savings or debt repayment.

How to read the result

The calculator shows the target amount for each bucket, your total entered allocation and how much income remains after those amounts.

Questions worth testing

Test what happens if needs rise, discretionary spending falls, or you redirect more income toward savings or debt repayment.