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Budget Planner

Plan your monthly budget using the 50/30/20 rule, and see how your spending on needs, wants and savings compares to the guideline.

Your details

£

Your income after tax and other deductions.

£
£
£

Your results

Unallocated income

£300

NeedsTarget: 50% (£1,250).
£1,200 (48% of income)
WantsTarget: 30% (£750).
£600 (24% of income)
Savings & debt repaymentTarget: 20% (£500).
£400 (16% of income)

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This calculator is for educational purposes only and does not constitute financial advice. The 50/30/20 rule is a general guideline that may not suit everyone. For personalised advice, please consult a qualified financial adviser.

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