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50/30/20 budget calculator.

Split your take-home pay into needs, wants and savings — then let Hunch sort your real spending into the same buckets.

$5,200/mo
Your monthly plan
$5,200
a simple 50 / 30 / 20 split
Needs · 50%$2,600
Wants · 30%$1,560
Savings & debt · 20%$1,040
◍ Needs 50%◍ Wants 30%◍ Save 20%
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Good to know

How the 50/30/20 budget works

The 50/30/20 rule splits your monthly take-home pay into three simple buckets: 50% for needs, 30% for wants, and 20% for savings and debt repayment. It’s an easy framework to start with before you fine-tune categories to your own life.

What counts as a need vs. a want?

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Needs are essentials you can’t skip — rent, groceries, utilities, minimum debt payments, transport to work. Wants are the nice-to-haves like dining out, subscriptions and travel.

What goes in the 20%?

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Saving and investing plus any extra debt payments beyond the minimums — emergency fund, retirement contributions, and paying down high-interest balances faster.

What if my needs are more than 50%?

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In high-cost areas that’s common. Treat 50/30/20 as a target: trim wants, then work on raising income or lowering fixed costs to move toward it over time.

How does Hunch make budgeting easier?

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Hunch groups your real spending into these buckets automatically and shows where you land each month, so the budget reflects your actual life.