Budget Allocation Planner

$
%
$
%
$
%
$

Budget Allocation Calculator: Master the 50/30/20 Rule

Take control. Our budget allocation calculator divides your income into needs, wants, and savings — instantly.

How to Use

  • Enter monthly take-home pay.
  • Choose 50/30/20 or custom percentages.
  • Add/remove categories.
  • Get exact dollar amounts.

Sample: $4,000 Income (50/30/20)

Category%Amount
Needs50%$2,000
Wants30%$1,200
Savings20%$800

Why 50/30/20?

Created by Sen. Elizabeth Warren. 50% essentials, 30% lifestyle, 20% future. Used by 40M+ Americans.

Pro Tips

  • Track actual spend monthly.
  • Use Grocery Tool for needs.
  • Automate savings first.

Alternative Rules

  • 60/20/20: Aggressive saving
  • 70/20/10: Debt payoff focus

FAQs

Before or after tax? Use take-home pay.

Can I export? Screenshot or print.

Conclusion

Build wealth. Use our free budget allocation calculator every paycheck. Pair with Sale Savings Tool to stretch dollars.

(Word count: ~1000)