What is the 50/30/20 rule?

The 50/30/20 rule is a simple budgeting method where 50% of your after-tax income goes to Needs, 30% to Wants, and 20% to Savings or Debt.

50/30/20 Rule Budget Allocator

Calculate income allocation using the 50/30/20 budgeting rule for needs, wants, and savings.

Income Info

Enter your after-tax take-home pay.

After-Tax Income

Pay Frequency

Monthly Allocation

$2,000.00

$1,200.00

$800.00

Total Monthly Income: $4,000.00

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