50/30/20 Budget Calculator

The simplest budgeting framework ever. Enter your income and see exactly where your money should go.

Your Income

Monthly Take-Home Pay ($)

How Are You Currently Spending? (optional)

Enter your actual spending to see how you compare to the 50/30/20 targets.

Needs (rent, food, utilities, transport) ($)

Wants (dining, subscriptions, entertainment) ($)

Savings & Debt Payoff ($)

Your Budget Breakdown

Enter your take-home pay to see your budget targets.

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What is the 50/30/20 rule? It's a simple budgeting framework popularized by Senator Elizabeth Warren in All Your Worth. Spend 50% on things you need, 30% on things you want, and 20% goes to savings and paying off debt. It's a guideline, not a law — adjust the percentages to fit your life. Learn how to build your emergency fund →