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50/30/20 rule

technique

1 creator use or recommend it

1 use + recommend
Last discussed Mar 30, 2026

A budgeting framework that allocates 50% of income to needs, 30% to wants, and 20% to savings and investing.

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What creators say

Codie Sanchez
uses recommends mentioned

"I do 50, 30, 20, but you can pick out how you want to do it."

More from Codie Sanchez →
+2 more mentions from Codie

"A good framework that a lot of people use in finance, it's called the 50/30/20 rule. 50% of your income goes to needs, 30% goes to wants, 20% goes ..."

"I like the classic 50/30/20 rule. Almost everybody in finance knows this rule. 50% of your paycheck goes to needs, 30% to wants, 20% to savings, in..."

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