50/30/20 Budget Calculator
Plan your monthly budget using the 50/30/20 rule. A simple, effective way to manage your money and reach your financial goals.
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Needs (50%)
Essential expenses that you can't avoid. This includes rent/mortgage, utilities, groceries, insurance, minimum debt payments, and other necessities.
Wants (30%)
Non-essential expenses that improve your quality of life. This includes dining out, entertainment, hobbies, subscriptions, and shopping for non-essential items.
Savings (20%)
Money set aside for your future. This includes emergency fund, retirement contributions, investments, and debt payments above the minimum.
See Your Savings Grow
Want to see how your 20% savings could grow over time? Use our compound interest calculator to visualize your investment potential.