50/30/20 budget calculator

The 50/30/20 rule splits take-home pay into three parts: 50 % for needs you cannot skip, 30 % for wants and 20 % for savings and paying debt off faster.

Start from what actually lands in your account each month. If your needs take more than half, the rule shows where to make room rather than a target you must hit on day one.

Is the 50/30/20 rule based on gross or net income?

On take-home pay, after tax and social security. Use the salary calculator first if you only know your gross salary.

What counts as a need?

Anything you would still pay if money were tight: rent or mortgage, energy, groceries, transport to work, insurance and minimum loan payments.