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70/20/10 budget calculator

All everyday spending — needs and wants together — fits in 70%. 20% is saved and 10% goes to debt or giving.

$
BucketSharePer monthPer year
Living costs70%$2,800$33,600
Giving or extra debt10%$400$4,800
Savings20%$800$9,600

Want to plug in your real bills? Open the full budget calculator — it remembers your numbers.

How the 70/20/10 rule works

A common variant: 70% for all monthly spending, 20% saving, 10% for debt payoff or giving.

Good fit: Households where housing and bills already eat most of the pay.

Trade-offs

  • ✓ Realistic where rent is high
  • ✓ Still protects a 20% savings habit
  • ✗ Needs and wants share one bucket, so wants can creep
  • ✗ Less structure for spending

Other splits: 50/30/20, 60/20/20, 80/20.

Questions people ask

What is the 70/20/10 budget rule?

All everyday spending — needs and wants together — fits in 70%. 20% is saved and 10% goes to debt or giving. A common variant: 70% for all monthly spending, 20% saving, 10% for debt payoff or giving.

How much is 70/20/10 on $4,000 a month?

Living costs: $2,800, Giving or extra debt: $400, Savings: $800.

Who is the 70/20/10 rule for?

Households where housing and bills already eat most of the pay.

70/20/10 or 50/30/20?

70/20/10 gives more room to essential costs than 50/30/20. If your needs fit in 50% of take-home pay, 50/30/20 leaves more for wants; if they don't, 70/20/10 is the more honest plan.