50/30/20 Budget Calculator: Learn More
The 50/30/20 Budget Calculator helps you turn your income into a simple,
easy-to-follow monthly budget using one of the most popular personal finance frameworks.
What Is the 50/30/20 Rule?
The 50/30/20 rule divides your income into three main categories:
- 50% Needs – essential expenses like rent, utilities, groceries, and insurance
- 30% Wants – discretionary spending such as dining out, entertainment, and subscriptions
- 20% Savings & Debt – savings, investments, and extra debt payments
This approach keeps your budget balanced while ensuring you’re saving consistently.
How the TuckR89 Budget Calculator Works
Our calculator automatically converts your income into a monthly amount and
applies the 50/30/20 rule to show clear dollar values for each category.
- Enter your income amount
- Select your income frequency (weekly, bi-weekly, or monthly)
- Choose the 50/30/20 method or set custom percentages
- View your personalized monthly budget instantly
Why Use This Budget Calculator?
- Simple budgeting without spreadsheets
- Works for any income frequency
- Custom percentages for flexible planning
- Clear monthly breakdown you can actually follow
Who Is This Calculator For?
This calculator is ideal for:
- Beginners learning how to budget
- Anyone wanting a fast monthly budget snapshot
- People trying to save more or reduce debt
- Households with variable income
Start Budgeting Smarter
Ready to see where your money should go each month?
Use the calculator to create your personalized budget in seconds.