The Budget That Works For Your Life
Discover which budgeting rule works best for you: 50:30:20, 70:20:10, or 80:20.
Introduction
A budget is personal, especially when you are 20 to 40 and juggling rent, loans, travel, and early investments. This calculator guides beginners through choosing a budgeting rule that fits real life: 50:30:20, 70:20:10, or 80:20, and shows where every ringgit should go. If you are new to budgeting, 50:30:20 means 50% for needs, 30% for wants, 20% for savings. 70:20:10 shifts more to savings, and 80:20 keeps it simple with 20% saved. These rules exist to give you proven guardrails so you don’t overspend on wants or underfund savings while still enjoying your lifestyle. Knowing the splits matters because it sets boundaries you can follow even when income or expenses change. Use this budget calculator to enter your income, pick detailed or quick mode, and get clear recommendations on how much to spend, save, and adjust so you can build habits that last.
How It Works
Enter your monthly income, pick detailed or simple mode, and list your spending. We benchmark you against popular rules, highlight where you’re off, and suggest the next best move.
What You’ll Learn
- •Whether your spending lines up with the best-fit budgeting rule.
- •How much to trim from wants and adjust needs to hit your target.
- •A clear split for savings, including emergency fund and other goals.
- •Instant recommendations tailored to your pattern.