Budget
Planner
Add your income and expenses by category. See your remaining balance, savings rate, and exactly where your money goes.
Monthly Budget
Expense Breakdown
50/30/20 Budget Check
Insights
About this calculator
The 50/30/20 rule is a widely used budgeting framework that divides after-tax income into three categories: needs (50%), wants (30%), and savings or debt repayment (20%). It was popularised by Senator Elizabeth Warren in her book All Your Worth. The proportions are a starting point — adjust them based on your income level, cost of living, and financial goals.
Categorising your actual spending reveals patterns that are easy to miss. Most people underestimate how much they spend on discretionary items until they see the numbers charted over several months. A budget that reflects reality — rather than aspirations — is more useful for identifying where changes are possible.