50/30/20 budget planner
Split your take-home into needs, wants and savings — without a spreadsheet.
Quick answer
The 50/30/20 budget splits take-home pay into 50% needs (rent, food, bills), 30% wants (dining, subscriptions), and 20% savings and debt repayment. It's a simple starting framework for monthly money management in India.
Save every month
The 50/30/20 rule: needs, wants, and the savings most people skip.
- Needs (50%)
- ₹25,000
- Wants (30%)
- ₹15,000
- Savings (20%)
- ₹10,000
Starting out? Even flipping wants and savings for a few years supercharges your future. Automate the savings first.
Rates & rules checked on 15 June 2026 · based on FY 2025-26 (AY 2026-27).
What this tells you
The 50/30/20 rule is the simplest budget that works: 50% of take-home to needs, 30% to wants, 20% to savings and debt repayment. No spreadsheet required.
How it's calculated
We split your monthly take-home into the three buckets. It's a starting frame, not a straitjacket — early earners who can push savings above 20% should.
Common questions
- What counts as a 'need' vs a 'want'?
- Needs are things you can't skip without real consequences — rent, groceries, utilities, minimum EMIs, insurance. Wants are everything else: eating out, subscriptions, the nicer phone.
- Is 20% savings enough?
- It's a floor, not a ceiling. In your 20s with low expenses, aiming for 30–40% dramatically pulls forward financial freedom thanks to compounding.