MedMoneyGuide
50/30/20 Rule

The Budget Builder

The simplest way to manage your cash flow. Enter your monthly take-home pay to generate your ideal spending plan.

Needs

Target: 50%

$2,500

On Track

Housing, utilities, groceries, insurance, and minimum debt payments. These are survival costs.

Wants

Target: 30%

$1,500

On Track

Dining out, travel, hobbies, subscriptions, and shopping. The "fun" money.

Savings

Target: 20%

$1,000

Under Goal

Retirement investing, debt payments above minimums, and emergency fund contributions.

Remaining Monthly Cashflow

$5,000

Great job! You have extra cash flow to invest or enjoy.