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50/30/20 Budget Calculator
Calculate your budget using the 50/30/20 rule: 50% for needs, 30% for wants, and 20% for savings.
Inputs
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Enter your monthly income above to see your 50/30/20 budget breakdown.
What is the 50/30/20 rule?
- 50% Needs: Essential expenses (housing, food, utilities, insurance)
- 30% Wants: Discretionary spending (entertainment, dining out, hobbies)
- 20% Savings: Emergency fund, retirement, debt payoff
Track your budget automatically
Use DimeDock to track expenses by category and stay within your 50/30/20 budget limits.
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