Free Monthly & Personal Budget Planner — 50/30/20 Calculator
Build a monthly personal budget using the 50/30/20 framework — split your salary between needs, wants, and savings in minutes. Free, no sign-up required.
What's your monthly income?
This helps us build a personalised budget plan for you.
Frequently asked questions
What is the 50/30/20 budget rule?
It splits your after-tax income into 50% for needs (rent, groceries, EMIs, utilities), 30% for wants (dining, entertainment, shopping), and 20% for savings and debt repayment. It is a simple framework to keep spending balanced.
How do I make a monthly budget?
Start with your monthly take-home income, list your fixed and variable expenses, assign every rupee to a category, and compare against a framework like 50/30/20. Then track actual spending through the month and adjust.
What is budgeting and why does it matter?
Budgeting is the practice of planning how you'll spend your income before the month starts — assigning each rupee a category (needs, wants, savings) so you're not surprised by the time you reach the end of the month. It's the foundation of personal finance: without a budget, savings tend to be whatever's left over (usually nothing); with one, savings become a fixed commitment.
What's the difference between a budget calculator and a budget planner?
A budget calculator does one-off math — enter income, get a 50/30/20 split. A budget planner is the full tool: it stores your numbers, lets you adjust over time, scores your plan against your actual spending, and helps you iterate month to month. Nami's planner is both — the calculator on the first screen, a planner under the hood.
How does personal finance and budgeting fit together?
Budgeting is the cash-flow side of personal finance — knowing what comes in and what goes out each month. The other half is wealth-building (investments, emergency fund, debt payoff). A budget is the first step because every other personal-finance decision depends on knowing how much you can actually save and invest each month.
What is the difference between needs and wants?
Needs are expenses you cannot avoid without serious consequences — housing, food, utilities, insurance, minimum debt payments. Wants are lifestyle choices you could cut if needed — eating out, subscriptions, upgrades, and travel.
How much of my salary should I save?
Aim for at least 20% of take-home pay, more if you can. If that is not achievable yet, start with whatever is sustainable and increase it as you cut waste and your income grows.
Why does my budget never match my actual spending?
Usually it is untracked small expenses and irregular costs (annual insurance, festival spending) that derail budgets. Tracking expenses and using sinking funds for big irregular costs keeps your plan realistic.
What is a personal budget?
A personal budget is a plan for how you'll allocate your take-home income across needs (rent, food, bills), wants (lifestyle, entertainment), and savings each month. Unlike just tracking expenses (which is backwards-looking), a personal budget is forward-looking — you decide where the money will go before the month starts. Frameworks like 50/30/20 are popular starting points.
What is a monthly budget and how is it different from a yearly one?
A monthly budget is the standard cadence for personal finance — it matches how most people get paid and pay bills. A yearly budget is more useful for big-picture goals (annual savings target, insurance premiums, festival/vacation funds) but the day-to-day execution always happens at the monthly level. Most people benefit from running both: monthly for cash flow, yearly for goals.