Take control of your money with the 50/30/20 rule. Enter your income, list your expenses, and see instantly whether your spending matches your targets.
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The buckets above compare your actual spending against these targets in real time. Red bars mean you're over target in that bucket — that's where to cut first.
Spend 50% of after-tax income on needs, 30% on wants, and save 20%. It's a simple starting framework, not a strict law — adjust to your reality.
Enter your monthly take-home income above, list your regular expenses by category, and the planner shows your 50/30/20 targets versus actual spending.
That's common in expensive cities. Treat 50/30/20 as a target: trim wants first and look for cheaper fixed costs. Any movement toward the targets helps.
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As a target, yes — but protect the savings slice first and let the other two flex. A realistic 60/20/20 that you actually follow beats a textbook 50/30/20 you abandon. The rule's real value is showing which bucket is overflowing.
Needs keep life running: housing, basic food, transport to work, utilities, insurance, minimum debt payments. Wants are everything else — dining out, upgrades, subscriptions, hobbies. Groceries are a need; food delivery is a want wearing a need's clothes.
Aim for 20%, but any consistent amount beats zero — 5% saved automatically every month builds the habit and the buffer. Increase it by 1–2% whenever your income rises and you will barely feel it.