50-30-20 Budget Calculator
Split your income into needs, wants, and savings using the 50-30-20 rule.
Optional: Enter your actual spending to compare
Results
Needs (50%)
₹40,000
Wants (30%)
₹24,000
Savings (20%)
₹16,000
Stick to the 50-30-20 rule every month
FlowTrack's budget planner helps you stick to the 50-30-20 rule month after month. Manual logging keeps you honest.
Try FlowTrack free →This is an estimate for planning purposes only and does not constitute financial advice.
What is the 50-30-20 budget rule?
The 50-30-20 rule is a simple budgeting framework that divides your after-tax income into three categories: 50% for needs (essentials like rent, food, and utilities), 30% for wants (non-essentials like dining out and entertainment), and 20% for savings and investments.
This rule works well as a starting point for Indians who are new to budgeting. In high-cost cities like Mumbai or Bangalore, you may find that needs take up more than 50% — that is normal. The key is to protect the 20% savings bucket and adjust between needs and wants.
Use this calculator to see your ideal budget split and optionally compare it against your actual spending. The comparison helps you identify which buckets need adjustment and where you can find room to save more.
Frequently asked questions
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