50/30/20 Budget Calculator
Allocate your monthly take-home income across Essential Needs, Discretionary Wants, and Savings/Investments. Adjust ratios to match your lifestyle and cost of living.
Income & Parameters
- • Rent / Mortgage & HOA
- • Utilities & Home Internet
- • Groceries & Health
- • Minimum Debt Payments
- • Dining Out & Takeout
- • Streaming & Subscriptions
- • Hobbies & Concerts
- • Travel & Vacations
- • Emergency Fund
- • Stocks & Index Funds
- • Retirement (401k/IRA)
- • Extra Debt Principal
Log daily expenses in 5 seconds with automatic category charts and 40 free transactions.
Featured Pillar Guide
Read our in-depth editorial guide to discover how to handle irregular income, high-cost-of-living adjustments, and debt payoff hierarchies.
Read: The Complete 50/30/20 Budget Framework GuideExplore More Free Financial Tools & Guides
Complement your 50/30/20 budget with our leak auditor, savings projection tools, and operational frameworks.
Savings Rate & Runway Calculator
Calculate your true savings percentage, liquid emergency runway months, and 5-year compound investment growth.
Recurring Subscription Cost Calculator
Itemize recurring software, streaming, and membership charges to uncover hidden annual cash leaks and opportunity costs.
50/30/20 Budgeting FAQ
Common questions on categorizing expenses and sticking to your budget.
The 50/30/20 rule is an intuitive budgeting framework popularized by Senator Elizabeth Warren. It recommends allocating 50% of your after-tax income to Essential Needs (rent, utilities, groceries), 30% to Discretionary Wants (dining, hobbies, subscriptions), and 20% to Savings, Debt Payoff, and Investments.
Stop Guessing Your Spending — Track It with Expenseliy
Experience frictionless expense and investment tracking with real-time variance diagnostics.