Conscious Finance
50/30/20 Budget Calculator
Enter your after-tax income and instantly see how the 50/30/20 rule splits it into needs, wants, and savings — the simplest framework for a budget that actually works.
After-Tax Income — What to Enter
The 50/30/20 rule works on after-tax (take-home) income — not your gross salary. If you are salaried, use your net monthly pay after all deductions. If you are self-employed, use your income after estimated taxes.
If your income varies month to month, use a conservative average — ideally based on your three lowest-income months of the past year. Building a budget around your floor income rather than your ceiling creates a margin of safety that will serve you well.