Free Financial Tool
50/30/20 Budget Allocator
Enter your monthly take-home pay and see how the 50/30/20 rule divides your money — or customize the percentages to fit your life.
Use your take-home pay — the amount that actually lands in your bank account after taxes and deductions. Not your gross salary.
Optional but recommended — entering your actual spending shows you exactly where you're over or under in each category.
How to use this calculator
Enter your monthly take-home pay — the amount that actually lands in your bank account after taxes. The calculator immediately shows how the 50/30/20 framework would divide that money: 50% for needs (housing, food, transportation), 30% for wants (dining out, entertainment, subscriptions), and 20% for savings and debt repayment. If your situation doesn't fit those percentages, switch to custom mode and adjust the sliders. Toggle "Enter my actual spending" to see how your real numbers compare.
Free Download: 50/30/20 Budget Template
A ready-to-use monthly budget worksheet with the 50/30/20 framework built in. Track your spending category by category and see where your money actually goes.