Autosaved locally to this device
Enter your total net monthly income. If paid biweekly, multiply your paycheck by 26 and divide by 12.
$
Remaining$0
Balanced
Needs (50%)$0/ $2,500
Wants (30%)$0/ $1,500
Savings (20%)$0/ $1,000
Actual Outflow:$0
·
Needs(Target: 50%)
Housing, utilities, groceries, gas/transit, insurance, minimum debt payments.
Actual$0
Wants(Target: 30%)
Dining out, entertainment, shopping, subscriptions, vacations, hobbies.
Actual$0
Savings & Debt(Target: 20%)
Emergency funds, 401(k)/IRA contributions, extra principal debt payoffs.
Actual$0
50/30/20 Targets vs Actual
Plan Comparison
Needs (50%)$0
Target: $2,500Actual: $0
Wants (30%)$0
Target: $1,500Actual: $0
Savings & Debt (20%)$0
Target: $1,000Actual: $0
Total Actual Outflow:$0
Unassigned Cash Flow:$0
Framework Assessment
Remember: 50/30/20 is a guide, not a law
In high-cost-of-living metropolitan areas, housing alone often consumes 35–45% of income, pushing Needs toward 60%. If your Needs are higher, look to balance by temporarily scaling back Wants rather than abandoning the plan entirely.
Want to try another budgeting method?
Switch to the General Budget for flexible categories, or the Zero-Based Method to allocate every dollar to zero.