50/30/20 Tool

Pay Yourself First.

The 50/30/20 rule splits your take-home pay into three simple buckets: 50% for needs, 30% for wants, and 20% for savings. Enter your income below to see exactly what that looks like in real money — and how long it'll take to reach your savings goal.

Your Income

Select your currency

Monthly take-home pay (after tax)

⚠ Please enter your monthly take-home pay to continue.

Your split Reset to 50/30/20

Needs 50%

Wants 30%

Savings 20%

⚠ Your split must add up to 100% — please adjust the sliders.

Here's your plan

Needs

Wants

Savings

Needs

£0

50% of income

Wants

£0

30% of income

Savings

£0

20% of income

How long to reach your goal?

Savings goal

Interest rate %

Enter an annual interest rate (%) to factor in compound growth. Leave blank to calculate without interest.

3 ways to make this stick

⚡

Automate it on payday Set up a standing order for your savings amount to leave your account the day you get paid. If you never see it, you won't spend it.

🏦

Use a high-yield account or Cash ISA Keep your savings in a separate high-yield account or Cash ISA — away from your spending money and earning interest at the same time.

📅

Check in once a month Set a recurring 10-minute reminder to review your spending against your split. Small adjustments monthly beat a big overhaul once a year.