See where your monthly take-home pay is going and compare essential spending, discretionary expenses, and future-focused money against the 50/30/20 framework.
50%
Needs target
30%
Wants target
20%
Savings target
This planner uses a simplified 50/30/20 framework. Debt payments are divided between essential obligations and discretionary debt reduction so the results provide a practical starting point rather than a strict financial prescription.
0% of income · target 50%
0% of income · target 30%
0% of income · target 20%
Enter your income and expenses to see how your current spending compares with the 50/30/20 framework.
Needs are expenses that generally keep your household operating, including housing, utilities, groceries, insurance, minimum debt payments, and transportation needed for work or essential activities.
Wants are flexible purchases that improve your lifestyle but can usually be reduced or postponed, such as dining out, entertainment, subscriptions, hobbies, travel, and non-essential upgrades.
Savings can include emergency-fund contributions, retirement accounts, investment contributions, and extra payments toward debt beyond required minimums. The goal is to strengthen your future financial position.