How to Calculate a 50/30/20 Budget (The Easy Way)

Budgeting feels restrictive because often it's too complicated. The 50/30/20 rule simplifies everything by breaking your income into just three buckets.

The Pain of Overspending

Without a framework, "Needs" eat into "Savings." You end up living paycheck to paycheck not because you don't earn enough, but because your ratios are off.

The Easy Way: The 3-Bucket System

Our calculator instantly splits your after-tax income into:

* 50% Needs: Housing, utilities, food.

* 30% Wants: Dining out, hobbies.

* 20% Savings: Debt repayment, investments.

Frequently Asked Questions

Is this for gross or net?

The 50/30/20 rule is designed for your after-tax (net) income.