50%
Needs
Rent, groceries, transport, bills
€1,250
Per month
€15,000 per year
Free tool50/30/20 method
Calculate your budgetin 5 seconds.
Enter your net monthly income. We split it instantly using the 50/30/20 method: 50% for needs, 30% for wants, 20% for savings.
Net salary after taxes + other stable income
30%
Wants
Dining, leisure, subscriptions, shopping
€750
Per month
€9,000 per year
20%
Savings
Setting aside + debt repayment
€500
Per month
€6,000 per year
What is the 50/30/20 method?
The 50/30/20 rule is a simple framework popularised by US senator Elizabeth Warren. The idea: split your net monthly income into three big buckets to manage your money without overthinking.
50% for needs: what you MUST pay every month to live — rent, groceries, transport, bills, insurance, essential subscriptions.
30% for wants: what makes you happy but isn't vital — eating out, outings, shopping, streaming subscriptions, hobbies.
20% for savings: what you set aside for goals (holidays, big purchase, retirement, emergency fund) or for debt repayment.
It's deliberately broad to stay realistic. If you can't hit the 20% savings target, you probably need to cut wants — not needs (which are non-compressible).
💡 Tip
Apply the method in Trya
The calculator gives you the numbers. Trya lets you TRACK them every month automatically by categorising your real spending into each bucket (needs / wants / savings).