50/30/20 Budget Calculator

Creating a budget plan is essential for financial success. The 50/30/20 rule is a popular budgeting method, created by Harvard bankruptcy expert, Elizabeth Warren — U.S. Senator from Massachusetts. This method is an incredibly helpful way to organize your budget by asking you to categorize your spending into three categories.

Have a minute? Start your budget plan now with the calculator below.

Resources

Salary Calculator

What is your earning potential? This interactive calculator will show you salary data from multiple industries so you can weigh your options with factual information to help you make some decisions a little easier.

Post-graduate Salary Calculator

Based on data from more than 6,100 business school alumni working in the United States, this calculator allows you to estimate what salary to expect if you get an MBA or business master’s degree.

Should I Pursue an MBA?

Is an MBA or Master’s degree going to help you achieve your ultimate career goal? Is this the right time to start? Take our quiz to find out.

Related Content

See All
Image for the section: Creating a Budget for Financial Success

Creating a Budget for Financial Success
Image for the section: 5 Financial Tips for Recent Grads

5 Financial Tips for Recent Grads
Image for the section: Should Salary Be a Priority?

Should Salary Be a Priority?

Want more content to help you harness your optimism? Subscribe.

By clicking the Subscribe button above you are agreeing to receive communications from us, including the latest information about management education, tests, events, products, and other offers from GMAC and its subsidiaries. Unsubscribe or contact GMAC any time. View our Privacy Statement.

“At least eighty percent of millionaires are self-made. That is, they started with nothing but ambition and energy, the same way most of us start.”

Brian Tracy