Budget Planner: 50/30/20 Rule Calculator 2025 | WiseInvestorPath
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Budget Planner:
50/30/20 Rule

Enter your income and monthly expenses. See how your spending compares to the 50/30/20 rule and where to focus to improve.

50%
Needs
Rent, food, utilities, transport, insurance, minimum debt payments
30%
Wants
Dining out, subscriptions, entertainment, hobbies, shopping
20%
Save & Invest
Emergency fund, ISA/pension contributions, extra debt payments
Monthly Income (take-home / after tax)
£
£
£
Total Monthly Income
£3,200

Needs (Essentials)

Target: £1,600
£
£
£
£
£
£
£
£
Needs Total
£1,650

Wants (Lifestyle)

Target: £960
£
£
£
£
£
£
£
Wants Total
£510

Savings & Debt (Future)

Target: £640
£
£
£
£
Savings Total
£300
—
of income
allocated
Note: The 50/30/20 rule is a guideline, not a strict rule. Adjust targets to your circumstances — high housing costs in London, for example, may push needs above 50%. What matters is tracking and making intentional choices about where your money goes.