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Budget Calculator

Choose your budgeting method and start planning your finances

What is the 50/30/20 Rule?

A simple budgeting method that divides your after-tax income into three categories: 50% for Needs (housing, utilities, groceries), 30% for Wants (entertainment, dining out, hobbies), and 20% for Savings (emergency fund, retirement, debt payoff).

Enter your monthly income after taxes to calculate your 50/30/20 budget breakdown

Enter your monthly income to see your 50/30/20 budget breakdown

Important: BudgetBuddy is a planning tool provided as-is for informational purposes only. It does not constitute financial advice. Please consult with a qualified financial advisor for personalized guidance. We make no guarantees about the accuracy or suitability of calculations for your specific situation.

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