Budget Planner — 50/30/20 Rule
Needs — 50%
Rent, utilities, groceries, insurance, transport
$2,150
target $2,500
$350 under budget
Wants — 30%
Dining, entertainment, subscriptions, shopping
$500
target $1,500
$1,000 under budget
Savings & Debt — 20%
Emergency fund, investments, loan payoff
$1,000
target $1,000
Summary
Needs (50%) $2,150 / $2,500
Wants (30%) $500 / $1,500
Savings (20%) $1,000 / $1,000
Total allocated $3,650
Unallocated +$1,350