50/30/20 Budget Calculator

The 50/30/20 budget calculator helps users allocate their income according to the popular budgeting rule that divides income into needs, wants, and savings. This tool helps users understand how to distribute their money responsibly and maintain a balanced budget.

Formula

  • Needs Budget

    Income*0.50

  • Wants Budget

    Income*0.30

  • Savings Budget

    Income*0.20

Works best for

Use the 50/30/20 budget calculator to organize monthly finances, plan spending, and build consistent savings habits. It is ideal for individuals, budgeting apps, financial education platforms, and personal finance websites.

Add calculator to your website Or create your own calculator
Calculator Background Calconic_ Calculators in action

Add calculator widget to your website!

Choose from a bunch of pre-made templates or create your own online calculator widget from a scratch without any need of programing knowledge.

Start free trial

No credit card required!

Build calculator for free!