50/30/20 Budget Calculator

Needs • Wants • Savings • Target vs. Actual

50/30/20 is a starting framework, not a strict law — it can be genuinely difficult to hit in high cost-of-living areas, and that's normal. The percentages below are fully adjustable if a different split fits your situation better, as long as they add up to 100%.
Monthly Income
$
Take-home pay, after tax and payroll deductions.
Your Split
Your Actual Spending Optional — see how close you are
$
$
$
About
What Goes Where
Contact

About the 50/30/20 Calculator

The 50/30/20 rule, popularized by Elizabeth Warren, splits after-tax income into three buckets: 50% for needs, 30% for wants, and 20% for savings and extra debt payments. This calculator turns your income into concrete dollar targets for each bucket, with the percentages fully adjustable if the standard split doesn't fit your situation. If you enter what you're actually spending in each category, it compares that against the targets and shows exactly where you're over or under budget — turning a vague sense of "I probably spend too much on X" into a specific number. Everything is calculated locally in your browser.