Free 50/30/20 Budget Calculator

Type your take-home pay. Instantly see how much goes to needs, wants, and savings — the proven 50/30/20 rule. No signup.

Your monthly take-home

—
50% — Needs—

Rent/mortgage, groceries, utilities, insurance, minimum debt payments, transport

30% — Wants—

Dining out, subscriptions, hobbies, travel, shopping, fun

20% — Savings & debt payoff—

Emergency fund, retirement, extra debt payments, goals

Track it every month — get the spreadsheet

This calculator gives you the targets. The 50/30/20 Paycheck Budget spreadsheet auto-splits every paycheck and tracks your real spending against each bucket, so you see exactly where you're over. Excel & Google Sheets.

Get the spreadsheet — $7
…or grab the free budget template first →

What is the 50/30/20 budget rule?

Split your after-tax income three ways: 50% to needs (things you must pay), 30% to wants (lifestyle), and 20% to savings and debt payoff. It's popular because it's simple — no tracking 40 categories, just three buckets.

What counts as a "need" vs a "want"?

Needs are non-negotiable: housing, basic groceries, utilities, insurance, transport to work, and minimum debt payments. Wants are the nicer versions and extras: dining out, streaming, upgrades, vacations. If you could cut it without serious consequence, it's a want.

Estimates for planning only. Not financial advice.