50/30/20 Budget Calculator

Split your after-tax income into needs, wants, and savings. Adjust ratios or pick a preset to find the right balance.

Monthly savings

£600

£
%
%
%

Monthly budget

£3,000

£36,000 per year

50%
30%
20%
NeedsWantsSavings

Needs (50%)

Rent, bills, groceries, transport

£1,500/mo

£18,000/yr

Wants (30%)

Dining out, entertainment, shopping

£900/mo

£10,800/yr

Savings (20%)

Emergency fund, investments, pension

£600/mo

£7,200/yr