50/30/20Budget RuleNeeds Wants SavingsSimple BudgetMonthlyFree Calculator50/30/20Budget RuleNeeds Wants SavingsSimple BudgetMonthlyFree Calculator

50/30/20
Budget

Needs · Wants · Savings · One Rule

Your Take-Home Pay

50% Needs
30% Wants
20% Savings

What Goes Where?

50% Needs30% Wants20% Savings
Rent/mortgageDining outEmergency fund
UtilitiesEntertainment401k/IRA
GroceriesSubscriptionsDebt payoff (extra)
InsuranceShoppingInvestment
Minimum debt paymentsHobbiesSavings goals
TransportationTravelDown payment fund

Budget Variations

RuleSplitBest For
50/30/20Needs/Wants/SavingsGeneral — balanced approach
70/20/10Living/Savings/GivingSimple, includes charity
80/20Spending/SavingsUltra-simple, two buckets
30/30/30/10Housing/Living/Goals/FunMore granular