Enter your take-home income and see exactly how much to put towards needs, wants and savings, using the popular 50/30/20 rule.
The 50/30/20 rule is the simplest way to budget a monthly salary. You split your take-home income into three buckets: 50 percent for needs, 30 percent for wants, and 20 percent for savings and clearing debt. It gives every rupee a job without asking you to track fifty categories.
In big cities rent alone can eat past 50 percent of your income. If that is you, do not force the split, switch to a 60/20/20 plan and protect the 20 percent savings above everything else. The goal is not perfect percentages, it is putting the same amount aside every single month before you spend the rest.
A common mistake is treating subscriptions as a need. They belong in wants, and they are usually the easiest place to free up money for savings.
It splits your monthly take-home income into three parts: 50 percent for needs like rent, bills and groceries, 30 percent for wants like eating out and subscriptions, and 20 percent for savings and paying off debt. It is a simple starting point, not a strict rule.
Needs are things you cannot skip: rent, utilities, groceries, transport, insurance and loan EMIs. Wants are the nice-to-haves: dining out, streaming, shopping and travel. If you could pause it for a month without a real problem, it is usually a want.
In metros where rent is high, needs can cross 50 percent, so many people use a 60/20/20 split instead. The exact numbers matter less than consistently saving something every month. Use whichever split fits your city and income.
VThrive shows you where your money really goes each month, so sticking to your budget is effortless. Built for urban India's subscription generation.