The 50/30/20 budget is a simple, practical rule of thumb for an easy way to enjoy your income and put your savings on autopilot. The rule states that your after-tax income should be divided as follows: 50% to needs, 30% to wants, and 20% to long-term savings. This calculator will show you exactly how much of your income you should dedicate to each category if you follow this guideline—just enter your monthly income after taxes.
Budget Calculator
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Savings Calculator
