50/30/20 budget
Split your income: 50% needs, 30% wants, 20% savings. And compare with what you really spend.
How it works
Needs = 50% of income, wants = 30%, savings = 20%. What's left after your real needs and wants is your real savings.
Results are for guidance only and do not replace professional advice.
Worked example
With the default values:
- Monthly take-home pay2400
- Your current needs (rent, groceries, bills)1350
- Your current wants (going out, shopping)600
you get:
- Real savings per month€450.00 (19 %)
- Suggested needs (50%)€1,200.00 · you: 56 %
- Suggested wants (30%)€720.00 · you: 25 %
- Suggested savings (20%)€480.00
Frequently asked questions
How does the “50/30/20 budget” tool work?
Needs = 50% of income, wants = 30%, savings = 20%. What's left after your real needs and wants is your real savings.
What do I need to enter?
Just fill in: monthly take-home pay, your current needs, your current wants. The result updates as you type.
Can you give an example?
Monthly take-home pay: 2400; Your current needs (rent, groceries, bills): 1350; Your current wants (going out, shopping): 600 → Real savings per month: €450.00 (19 %); Suggested needs (50%): €1,200.00 · you: 56 %.
Is this calculator free, and is my data private?
Yes. HOD Calc is completely free with no sign-up. The calculation runs in your browser: nothing you type is sent or stored.