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50/30/20 Budget Calculator

Plan your budget with the 50/30/20 rule.

How to use

  1. Enter your values in the fields above.
  2. Press Calculate to see your result instantly.
  3. Use the Share button to copy a link to your result.

About this calculator

This calculator applies the 50/30/20 rule, a budgeting framework popularized by Senator Elizabeth Warren, which splits after-tax income into three buckets: 50% for needs (rent, groceries, utilities), 30% for wants (dining out, entertainment, subscriptions), and 20% for savings and debt repayment beyond the minimum.

It's aimed at people building their first budget who want a simple starting ratio rather than tracking every category from scratch, as well as financial coaches and counselors who use the framework as a quick diagnostic before drilling into a client's specific spending habits.

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