Enter your take-home pay and see exactly how much should go to needs, wants, and savings. Want a reality check? Add what you actually spend and see where you stand.
Based on $0 per month
It’s a simple way to split your after-tax income into three buckets, so every dollar has a job without tracking dozens of categories.
Expenses you can’t skip: housing, utilities, groceries, insurance, transportation, and minimum payments on debt.
Things that make life enjoyable but aren’t essential: restaurants, streaming, hobbies, shopping, and trips.
Building your future: emergency fund, retirement, investing, and paying debt down faster than the minimum.
Take-home pay, meaning what actually lands in your bank account after taxes. If retirement contributions come out of your paycheck automatically, you can add them back in and count them toward your 20%.
That’s common, especially with high rent. Treat 50/30/20 as a starting point, not a rule you’ve failed. Many people trim wants first, then work on lowering big fixed costs over time.
The minimum payment is a need. Anything you pay above the minimum counts toward your 20% savings bucket, since it improves your financial future.
No. This free calculator runs entirely in your browser and nothing you type is stored or sent anywhere. Members can save and track their numbers inside Monerem.