What is the 50/30/20 budgeting rule?

The 50/30/20 rule splits your after-tax income into three categories: 50% for needs (housing, food, utilities, healthcare, transport), 30% for wants (entertainment, dining, shopping, hobbies), and 20% for savings and debt repayment. It provides a simple framework for balanced spending.

How is the savings rate calculated?

Your savings rate is calculated as: (Remaining Balance / Total Income) × 100. This shows what percentage of your income you are saving after all expenses.

Can I add custom expense categories?

Yes! Click the "+ Add Category" button to create unlimited custom categories. You can remove them anytime with the delete button.

Does my data get saved?

Your budget data is saved automatically in your browser's local storage. It stays on your device and is never sent to our servers.

Can I export my budget?

Yes, you can download a PDF summary of your budget, print the page, or share the summary using your device's share menu.

Budget Planner & Expense Tracker

Free budget planner and expense tracker — manage monthly income, categorize spending, track savings rate, and get 50/30/20 budget recommendations.

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