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50/30/20 budget calculator
Your take-home pay split into needs, wants, and savings and debt, as the 50/30/20 rule sets it. Free, with no account or uploads.
Your pay, 50/30/20
Type your take-home pay a month; the three parts follow.
After tax: the page works out no tax.
Of $3,000.00 take-home pay
$1,500.00 needs · $900.00 wants · $600.00 savings and debt
Half for needs, 30% for wants and 20% for savings and paying debt, as Elizabeth Warren and Amelia Warren Tyagi set it out in All Your Worth (2005).
- Needs$1,500.00 (50%)
- Wants$900.00 (30%)
- Savings and debt$600.00 (20%)
This is arithmetic on the numbers you type, not financial advice. Rates, fees and rules differ by lender and place. Worked out in your browser; nothing you type is sent anywhere or kept.
A little help along the way
Follow these steps. Every option is explained underneath. Everything runs in your browser; nothing is sent anywhere.
- Choose a way to budget50/30/20, every unit given a job, or envelopes.
- Type your take-home payAfter tax: the page works out no tax.
- List what it is forOne line each, with amounts; envelopes take what you have spent too.
- Read where it goesIn words first, with a bar for each part.
Questions people ask
- What is the 50/30/20 rule?
- Half of take-home pay for needs, 30% for wants and 20% for savings and paying debt, as Elizabeth Warren and Amelia Warren Tyagi set it out in 2005.
- Does it work out tax?
- No. Type your pay after tax; tax rules differ by place and change every year.
- Is this financial advice?
- No. It is arithmetic on the number you type; how you split your pay is yours to decide.
This page is the Budget planner, opened for this one job; every other tool it has is one press away. Each of its settings is explained on the Budget planner's own page.
Read the step-by-step guide