Budget Calculator

How to use the 50/30/20 budget

1. Enter your monthly take-home pay, after tax.
2. Keep 50%, 30% and 20% or change them; the three must add up to 100.
3. See how much goes to needs, wants, and savings and debt repayment each month.

Frequently asked questions

What is the 50/30/20 rule?

Half of your take-home pay covers needs such as rent, food, bills and minimum debt payments; 30% goes on wants; and 20% goes to savings and paying off debt faster.

Which currency does it use?

Any. Amounts are plain numbers, so enter them in your own currency and read the results in the same one.