Rytvae Consulting · Think Right · Invest Right
Budget Calculator (50/30/20)
Result
Chart
Show formula & working
Needs = take-home × 50% · Wants = take-home × 30% · Savings = take-home × 20% (shares editable)
Details
How this works
The 50/30/20 rule is a simple starting point: half of take-home pay for needs, 30% for wants and at least 20% for savings and investments.
With large EMIs or high rent, needs can exceed 50% — then trim wants first and raise savings as income grows.
Frequently asked questions
Are EMIs a need?
Yes — loan EMIs and rent are needs. Pre-paying loans counts as saving.
Is 20% enough to save?
It is a floor. Starting late or with big goals usually means saving more.
Should I use gross or take-home pay?
Take-home pay, after tax and PF deductions.