Budget50: 50/30/20 Rule
Contains adsIn-app purchases
3.6star
181 reviews
50K+
Downloads
Everyone
info
About this app
Your budget will be your guide towards the financial freedom you seek.
Create a budget for yourself every month.
• Keep track of all your income
• Split your income using the 50/30/20 rule
• Be aware of your spending habits and cut back
FINANCIAL NEEDS
Your needs are:
• Utilities
• Housing
• Transportation
• Food, water and clothes
The app helps you to keep your needs at 50% of your total net income.
FINANCIAL WANTS
Your wants are:
• Clothing that isn't essential
• Dining out or ordering take out
• Hobbies, traveling, large house, and new expensive car
The app helps you to budget your wants within 30% of your monthly net income.
SAVINGS
Pay yourself every month towards:
• Retirement or long-term savings
• Short-term savings for a new car or vacation
• Emergency funds of 6-12 months of living expenses
Put 10% of your net income towards savings each month.
Create a budget for yourself every month.
• Keep track of all your income
• Split your income using the 50/30/20 rule
• Be aware of your spending habits and cut back
FINANCIAL NEEDS
Your needs are:
• Utilities
• Housing
• Transportation
• Food, water and clothes
The app helps you to keep your needs at 50% of your total net income.
FINANCIAL WANTS
Your wants are:
• Clothing that isn't essential
• Dining out or ordering take out
• Hobbies, traveling, large house, and new expensive car
The app helps you to budget your wants within 30% of your monthly net income.
SAVINGS
Pay yourself every month towards:
• Retirement or long-term savings
• Short-term savings for a new car or vacation
• Emergency funds of 6-12 months of living expenses
Put 10% of your net income towards savings each month.
Updated on
Safety starts with understanding how developers collect and share your data. Data privacy and security practices may vary based on your use, region, and age. The developer provided this information and may update it over time.
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Ratings and reviews
3.6
178 reviews
Julie Tran
- Flag inappropriate
September 29, 2023
Really like the app and see a lot of potential in it so I paid for the upgrade. I love that it auto-budgets for me between my needs, wants, and savings. I hope that for future updates, the developer includes monthly overview to see how I'm sticking to my budget over the year and an option to add notes to expenses. I'm excited to see where the developer takes the app!
133 people found this review helpful
Melissa Battle
- Flag inappropriate
April 11, 2024
There is no delete feature. If you purchase an item and then return it, you can't add that income to just your wants or needs. All income is split into the 50/30/20 model. So if you want it back in your grocery budget, you can't do that. You also can't change a category if you make a mistake, but you can change an amount. There's no tutorial, and the app isn't very intuitive.
14 people found this review helpful
kaiii kaiii
- Flag inappropriate
October 7, 2023
The idea is great, but there are some missing features that would make the app so much better if implemented 1. There isnt an option where I can delete a mistake in the cashflow (income/expense) 2. I hope there is an option where I can change the appearance of the app (theme, font, etc) 3. Please add a widget option!! And also reminder notifications where we can choose how many times per day do we want to receive a notification and the interval of it.
139 people found this review helpful
What's new
Thanks for using Budget50! This update includes bug fixes and performance improvements.
If you want to report a bug or request a feature, please feel free to contact us: dogabayram1@gmail.com
Budget50, Become a better at budgeting. :)
If you want to report a bug or request a feature, please feel free to contact us: dogabayram1@gmail.com
Budget50, Become a better at budgeting. :)
