The 50/30/20 budget is a simple way to allocate after-tax income: about half to needs, 30% to wants, and 20% to savings and debt payoff. Adjust the splits if your situation calls for it, then use the comparison view to see where your real monthly spending differs.
Use monthly take-home pay so the buckets match money you actually have available.
Enter all three values to compare your current spending against the recommended split.
Needs (50%)
$3,250
Housing, utilities, minimum debt, insurance basics.
Wants (30%)
$1,950
Dining out, hobbies, subscriptions—flexible spending.
Savings (20%)
$1,300
Emergency fund, retirement, extra debt paydown.
Enter all three optional current-spending values to enable this chart.
Add current spending values to see over/under indicators and suggested monthly adjustments.
Common Questions