Monthly Budget Planner
Apply the 50/30/20 rule to your income and create a category-wise budget — with a live donut chart showing your split.
Enter Your Numbers
How this calculator works
The 50/30/20 rule: 50% of after-tax income goes to Needs (rent, food, EMIs, utilities), 30% to Wants (dining out, entertainment, subscriptions), and 20% to Savings and investments. It's a starting point — you may choose a 40/20/40 split if you're aggressive about FIRE.
Needs: 50% | Wants: 30% | Savings: 20% | Surplus/deficit = Actual − Target for each bucket
Last updated: March 2026 · Rates and slabs updated for FY 2025-26
Pay yourself first
Move savings to investments on salary day, before discretionary spending. Automate it via SIP and RD.
Track actual vs budget
Use apps like Walnut, MoneyView, or Fi to auto-categorise spending and see where you're overspending.
Push savings above 20%
The median Indian personal savings rate should be 30%+ at prime earning years. 20% is the floor, not the target.
Frequently Asked Questions
Move savings to investments on salary day, before discretionary spending. Automate it via SIP and RD.
Use apps like Walnut, MoneyView, or Fi to auto-categorise spending and see where you're overspending.
The median Indian personal savings rate should be 30%+ at prime earning years. 20% is the floor, not the target.