50-30-20 Rule Calculator
About the 50-30-20 Rule
The 50-30-20 budget rule divides your income into three categories:
- 50% Needs: Essential expenses such as rent, groceries, utilities, medical, transport.
- 30% Wants: Dining, shopping, entertainment, travel.
- 20% Savings: Investments, emergency fund, retirement.
This rule helps maintain a balanced and sustainable financial lifestyle.
