Budget Calculator (50/30/20 Rule)
Enter your monthly income and actual spending to see how your budget compares to the 50/30/20 rule.
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Needs (50%) — Housing, Food, Transport, Utilities
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Wants (30%) — Entertainment, Dining, Subscriptions
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Savings & Debt (20%)
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Monthly Surplus / Deficit
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Needs (target 50%)
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Wants (target 30%)
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Savings (target 20%)
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Total Spending
What is the 50/30/20 Rule?
The 50/30/20 rule allocates 50% of after-tax income to needs (rent, food, utilities), 30% to wants (entertainment, dining out), and 20% to savings and debt repayment. Use loancalcfree.com to see how your budget stacks up.