MONTHLY BUDGET
50/30/20 budget calculator
Split take-home pay into needs, wants and savings targets.
Estimated result
£640
- Needs
- £1,600
- Wants
- £960
- Saving and debt repayment
- £640
A flexible budgeting framework, not a requirement. High housing or care costs may need different proportions.
SOURCES & REVIEW
Checked against official guidance
Last checked 14 July 2026 · Rule version GB-2026.27.1
MoneyHelper: Budget planner ↗COMMON QUESTIONS
Frequently asked questions
Is this an exact quote or tax return?
No. It is an estimate based on the inputs and assumptions shown.
When was this checked?
The method and linked official guidance were reviewed for the current UK release.