Monthly Budget Calculator: 50/30/20 Rule for Indian Salaries
Free tool · Updated October 2, 2026 · By CouponTalk
Your result
Enter your measurements to see your result.
Quick answer
The 50/30/20 rule splits take-home pay into 50% for needs (rent, groceries, bills, EMIs), 30% for wants (shopping, eating out, trips) and 20% for savings. On ₹50,000 a month that is ₹25,000, ₹15,000 and ₹10,000, or about ₹3,460 a week for wants. In high-rent cities a 60/20/20 split is more realistic.
How to use this calculator
- Enter the salary that reaches your bank each month.
- Pick the split that matches your rent and goals.
- Use the weekly wants figure as your shopping limit.
Budget splits compared
| Split | Needs | Wants | Savings | Best for |
|---|---|---|---|---|
| 50 / 30 / 20 | ₹25,000 | ₹15,000 | ₹10,000 | Standard; most salaried households |
| 60 / 20 / 20 | ₹30,000 | ₹10,000 | ₹10,000 | High rent in metros |
| 70 / 20 / 10 | ₹35,000 | ₹10,000 | ₹5,000 | Tight months, big EMIs |
| 40 / 30 / 30 | ₹20,000 | ₹15,000 | ₹15,000 | Saving for a goal |
These splits are a starting point. Adjust them to your rent, family size and goals.
Frequently asked questions
Do EMIs count as needs or wants?
Count EMIs as needs, since you must pay them. If EMIs push needs above 50%, cut wants first, not savings.
Where does SIP or PPF money go?
In the savings share. Pay yourself first by setting the SIP date just after payday.
Is 20% savings enough?
It is a good start. Build 6 months of expenses as an emergency fund, then raise savings for bigger goals.
Related calculators
Latest from the blog
View all blogs →
Guide
Which Helmet Is ISI Certified and Safe Under Rs. 2000?
Guide
Best Helmet Brands in India: Vega vs Steelbird vs Studds
Guide
Best 7 Solar Geysers for Indian Homes (300L Buyer’s Guide)
Guide
Top 10 Solar Garden Lights for Indian Homes 2026
Guide
5 Types of Solar Collectors: Flat-Plate, Evacuated Tube, and Concentrating
Guide
Types of Solar Panels in India: Region-Specific Buying Guide
