Savings
January 19, 2025
7 min read
CalcPortal Pro Team
The 50/30/20 Rule: Simple Budgeting Guide for 2025
A straightforward framework to allocate your income to needs, wants, and savings so you can grow your emergency fund and financial stability.
How the Rule Works
Allocate 50% to needs, 30% to wants, and 20% to savings and debt payoff. Adjust percentages slightly to fit your situation while keeping savings a priority.
Getting Started
- List monthly take-home income and fixed obligations
- Cap lifestyle spending and automate transfers to savings
- Use our savings calculator to plan contributions