50/30/20 budget calculator
Split your monthly take-home pay into needs (50%), wants (30%) and savings or debt payments (20%).
How it works
Needs are rent, food, bills and transport. Wants are everything you could live without. The last 20% goes to savings and paying off debt.
If your needs are more than half, that’s common in expensive cities. Start with a split you can keep, like 60/30/10, and move towards 50/30/20.