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Tools → Budget Analyzer

Budget Analyzer

Understand your budget. Make your own decisions. Take control of your future.

The 50/30/20 rule made visual. Enter your monthly spending across needs, wants, and savings to see your score.

Take-home income
$
$96,000/yr · $8,000/mo · $46.15/hr

Enter your net (after-tax) pay at any frequency — the 50/30/20 split is based on a monthly figure.

Needs (50%)
Rent / Mortgage
Groceries
Utilities
Transportation
Insurance (health/car)
Minimum debt payments
Childcare / education
Total$0
Wants (30%)
Dining out
Entertainment & streaming
Shopping (non-essential)
Hobbies & fitness
Travel & vacations
Personal care
Total$0
Savings (20%)
401(k) contributions
IRA contributions
Emergency fund
Taxable investing
Other savings
Total$0
How this is calculated

We compare your spending to a simple framework (like 50/30/20) to show where your money goes and where it’s out of balance.

The steps

  1. Categorize your income and expenses into needs, wants, and savings.
  2. Compute each category’s share of take-home pay.
  3. Compare those shares to target ranges and surface the biggest gaps.

Assumptions

  • Amounts are monthly and entered by you; targets are general guidelines.

Good to know

  • A diagnostic, not a strict rule — high-cost-of-living areas legitimately differ.

Related resources

Educational disclaimer: All content on WealthSerene.com is for educational purposes only and does not constitute investment advice. Projections and calculations are illustrative — actual results will vary based on market conditions, your specific situation, and many factors outside this tool’s scope. Always consult a qualified financial professional for advice specific to your situation. View full disclosures →