Financial Calculators
Budget Calculator
Split your income with the 50/30/20 rule.
FreeNo sign-upWorks in your browser
Enter details
$
Result
Needs (50%)
$2,500.00
Rent, groceries, utilities, minimums
Wants (30%)
$1,500.00
Dining, entertainment, shopping
Savings & debt (20%)
$1,000.00
Savings, investing, extra debt payoff
About the Budget Calculator
The 50/30/20 rule is a simple, proven way to budget: 50% of after-tax income to needs, 30% to wants, and 20% to savings and debt payoff. Enter your monthly take-home pay and the calculator instantly shows the dollar amount for each bucket — a clear starting framework you can adjust to your own priorities.
How to use the Budget Calculator
- 1Enter your monthly after-tax income.
- 2Read the result instantly — it recalculates as you type.
- 3Adjust the numbers to model different scenarios.
Frequently asked questions
What is the 50/30/20 rule?
Allocate 50% of take-home pay to needs, 30% to wants, and 20% to savings and extra debt payments — a simple, flexible budgeting framework.
What if my needs exceed 50%?
That's common in high-cost areas. Trim wants first, and treat 50/30/20 as a target to move toward, not a hard rule.