Split your monthly income into needs, wants and savings with the 50/30/20 budget rule.
What is the Budget Planner (50/30/20 Rule)?
The 50/30/20 rule is a simple way to budget: 50% of your take-home pay for needs, 30% for wants and 20% for savings and paying off debt. Enter your income to see your limits, then add what you actually spent to check if you are on track.
How to use the Budget Planner (50/30/20 Rule)
- Enter your monthly take-home income.
- Pick the 50/30/20 rule or another split.
- Optionally add actual spending to see where you are over budget.
Frequently asked questions
What counts as a need?
Rent, utilities, groceries, transport, insurance and minimum loan payments – things you must pay.
This budget planner (50/30/20 rule) is 100% free, needs no signup and runs in your browser, so your data stays private.
Last updated: · By NodifyTech