Budget Calculator

Reset All

Enter your income to get your 50/30/20 budget

$

Personalize your monthly budget

Needs

$
$
$
$
$
$
$
$

Wants

$
$
$
$

Savings

$
$
$

Let's get budgeting!

My 50/30/20 Monthly Budget

Needs 50% $5,000

Wants 30% $3,000

Savings 20% $2,000

Values are based on a monthly budget.

Congratulations, you're off to a great start!

Your 50/30/20 budget is a simple rule of thumb that can be a helpful way to get started with budgeting.

Take the next step and personalize your budget based on your priorities and financial situation.

Good job!

Good Job!

You have an extra $1,100. Consider putting it toward savings or paying down any debt you have.

Good job!

Good Job!

Good job creating a balanced budget! Now is a good time to look at how you're allocating your income across your NEEDS, WANTS, and SAVINGS.

Uh Oh!

Uh Oh!

Your monthly budget exceeds your income by $500. When looking for ways to reduce your spending, your WANTS is a good place to start.

Monthly Budget

Income $10,000

Allocated $8,900

Remaining $1,100

50/30/20 My Budget Difference
Needs $5,000 $5,000 $500
Wants $3,000 $3,000 $300
Savings $2,000 $2,000 $300
Needs
50/30/20 $5,000
My Budget $5,000
Difference $500
Wants
50/30/20 $3,000
My Budget $3,000
Difference $300
Savings
50/30/20 $2,000
My Budget $2,000
Difference $300