BudgetKit

50/30/20 Budget Calculator

Generate a simple allocation baseline for needs, wants, and savings/debt payoff.

50/30/20 Budget Planner

Start with a clean split, then adjust based on rent, debt load, and savings goals.

FAQ

What if my needs are above 50%?

Treat 50/30/20 as a direction, not a strict pass/fail. Reduce fixed costs gradually when possible.

Can I put debt payoff in the 20% bucket?

Yes. Savings and extra debt payoff usually share the same allocation bucket in this framework.

When should I recalculate?

Re-run after raises, rent changes, debt payoff milestones, or major recurring-expense updates.

Need to verify cash flow against real expenses? Use the Monthly Budget Calculator.