Resources
Budget Calculator
Use this calculator to see how the 50/30/20 method applies to your income. You can switch between weekly and monthly to match how you get paid.
50/30/20 Breakdown
50% essentials, 30% spending, 20% saving.
Tip: you can type with commas or a dollar sign.
Weekly estimate
Total: $0.00
Your breakdown
Essentials (50%)
$0.00
Weekly estimate: $0.00
Spending (30%)
$0.00
Weekly estimate: $0.00
Saving (20%)
$0.00
Weekly estimate: $0.00
If your essentials take more than 50%, that is normal. Start by tracking spending and slowly adjust the percentages so your budget matches reality.
Essentials
Things you need to cover first. Transport, food basics, required bills.
Spending
Fun and optional stuff. Eating out, shopping, entertainment.
Saving
Emergency fund and goals. Even small amounts consistently add up.
Quick note
The 50/30/20 method is a starting point, not a rule. If your essentials are higher, adjust the percentages to fit your real life.