Budgeting isn’t one-size-fits-all. Whether you’re living on ₱15K or ₱80K a month, the way you allocate your money can make or break your financial progress.
Some people thrive with the classic 50-30-20 rule, while others prefer a fully customized approach. But doing the math manually? Nakakastress. That’s why we built this free budgeting calculator tool to help you instantly break down your salary into needs, wants, and savings (or however you want to structure it).
💰 Smart Budgeting Calculator
Plan your budget based on how much you earn each month. Choose a method or set your own rules to see how your salary can be split into Needs, Wants, and Savings.
How to Use This Budgeting Calculator Tool
This interactive tool is designed to help Filipinos plan their monthly budgets based on practical budgeting frameworks. Whether you’re sticking with the 50-30-20 rule or want to customize your allocations, here’s how to make the most of it:
1. Enter your monthly income
Start by inputting your net income, or your take-home pay after taxes and deductions like SSS, PhilHealth, and Pag-IBIG.
2. Choose a budgeting rule
Select from preset options like:
- 50/30/20: A classic budgeting rule for balance
- 70/10/20: Ideal if you want to prioritize essentials
- 60/20/20: Great for moderate saving and spending
Or choose Custom to create your own percentages for Needs, Wants, and Savings.
3. Input your custom percentages (if applicable)
If you select Custom:
- Enter your desired percentages for Needs and Wants.
- The tool will automatically compute the remaining percentage for Savings to make sure it all adds up to 100%.
4. Click “Calculate My Budget”
You’ll instantly see:
- A peso breakdown of how much you can spend per category
- A short explanation of what’s included in each category
- A pie chart to visualize how your money is distributed
Not sure which budgeting rule fits you? Start with our full guide on Smart Budgeting in the Philippines: Effectively Manage Your Salary.
