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CalculatorsBudget allocation

Budget allocation calculator

Allocate monthly net income across categories (such as 50/30/20) and compare with planned spending. Related lesson: Topic 3.6.

Formula

Category target = Net income \times \frac{%}{100}

Inputs

Monthly net (take-home) income

$

Category

%

Planned $

Category

%

Planned $

Category

%

Planned $

The 50/30/20 split is a common rule of thumb, not a requirement. Percentages must total 100%.

Enter values to see the result and working.