Budget Analyzer
Enter your monthly spending across needs, wants and savings to see how it compares with the 50/30/20 rule, then project your cash position 12 or 24 months out.
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
Fill in what you spend each month, then select Analyze my budget to see how your split compares with 50/30/20.
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
- Categorize your income and expenses into needs, wants, and savings.
- Compute each category’s share of take-home pay.
- 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. Everything on WealthSerene.com is educational and is not investment advice. Projections and calculations are illustrative; actual results depend on market conditions, your situation and factors outside this tool’s scope. For a decision specific to your situation, consult a qualified financial professional. View full disclosures