Calculator
Budget Planner
Enter your take-home pay and monthly costs to see where the money goes, how your split compares with the 50/30/20 guideline, and what is left over.
Short by
$110
Spending exceeds take-home pay this month
Saving rate
15%
$650 to saving and extra debt payments
Needs share
73%
$3,050 of $4,200 take-home pay
Where your money goes
- Needs$3,050 · 71%50/30/20 reference: $2,100
- Wants$610 · 14%50/30/20 reference: $1,260
- Saving & debt payoff$650 · 15%50/30/20 reference: $840
Reading your split
Your budget currently runs 73% needs, 15% wants and 15% saving. If the saving share is smaller than you would like, the fastest lever is usually the largest line in needs — housing and transport — not the smallest line in wants.
Use take-home pay, not gross pay. Retirement contributions deducted from your paycheck are already saving, so count them in the saving bucket rather than twice.
FAQ
Questions about this calculator
More on this in the budgeting guides.
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