50/30/20 Budget Planner
A simple, effective budgeting rule. Split your after-tax income into Needs, Wants, and Savings.
$
50% Needs
$2,500
- • Housing (Rent/Mortgage)
- • Groceries
- • Utilities & Bills
- • Basic Transportation
- • Minimum Debt Payments
30% Wants
$1,500
- • Dining Out
- • Entertainment & Hobbies
- • Shopping & Clothes
- • Subscriptions
- • Vacations
20% Savings
$1,000
- • Emergency Fund
- • Retirement (401k/IRA)
- • Investments
- • Extra Debt Paydown