50/30/20 budget calculator
Half for needs, 30 percent for wants, 20 percent for savings. A starting split, not a rule you have failed if rent takes more than half.
This month
Needs
₹22,500
Rent, bills, groceries
Wants
₹13,500
Dining, gear, leisure
Savings
₹9,000
Buffer & SIP fund
Rent is 33% of your take-home pay.
Your rent fits safely within your Needs allowance, leaving ₹7,500 for utilities, food, and daily essentials.
Use take-home
Type the amount that reaches your bank. CTC includes money you do not have this month, such as the employer’s PF contribution and a bonus that has not been paid. The split is about the cash you can actually assign.
When 50 percent does not fit
In many Indian cities the rent on a first salary is already close to half of take-home. The calculator says so when rent is larger than the needs bucket. Change the percentages until they add up to 100 and match the life you have. A 70/15/15 month is more honest than a 50/30/20 month you cannot run.
The article when rent eats the budget is the longer version. Savings here means the buffer first, then a SIP. The order is the point of the site.