Budget Planner
Split your monthly take-home pay into needs, wants and savings, and compare it against the popular 50/30/20 budgeting rule.
Estimate only. This is a general guide for information only and is not financial advice. The 50/30/20 split is a common rule of thumb, not a personalised recommendation, speak to a qualified financial adviser for advice tailored to you.
Enter your income and expenses
Your surplus or deficit and how your spending compares to the 50/30/20 rule appear here as you type.
How the 50/30/20 rule works
The 50/30/20 rule is a simple budgeting guideline: aim to spend around 50% of your take-home pay on needs (housing, bills, groceries, transport, insurance), 30% on wants (dining out, entertainment, shopping, subscriptions) and 20% on savings and debt repayment beyond the minimum. It's a starting point, not a strict rule, the right split depends on where you live, your income and your circumstances. Use it to see where your spending sits relative to the guideline, then adjust to what works for you.
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