Budget & Planning
50/30/20 Budget Calculator
Split income using the 50/30/20 rule.
Inputs
Results
Needs Allocation (50%)
$2,500
Wants Allocation (30%)
$1,500
Savings & Debt (20%)
$1,000
Visual Breakdown
Needs (50%)2,500(50.0%)
Wants (30%)1,500(30.0%)
Savings (20%)1,000(20.0%)
Detailed Breakdown
| Category | Percentage | Monthly Allocation | Examples |
|---|---|---|---|
| Needs | 50% | 2,500 | Rent, Utilities, Insurance, Minimum Debt, Groceries |
| Wants | 30% | 1,500 | Dining Out, Movies, Shopping, Subscriptions, Travel |
| Savings & Investments | 20% | 1,000 | Emergency Funds, SIPs, Retirement, Extra Debt Payments |