Financial Planning

Get started with your financial toolkit

Use the planner to build a budget, reach your savings goals, pay off debt faster, and estimate your take-home pay.

Plan how your income should be divided between essentials, wants, and savings.

Set savings targets and calculate how long it takes to reach them.

See a clear payoff plan and estimate total interest saved.

Estimate take-home pay using federal and state tax rates, then model raises and 401(k) match.

Answer four quick questions about US personal finance. One question uses your state and income to check your answer.

1. Choose your state and income, then select the state income tax level that best fits your situation.

State Annual income ($) State income tax answer

2. In the 50/30/20 rule, what percentage is recommended for "Needs"?

3. How many months of expenses should your emergency fund cover?

4. In the 50/30/20 rule, what is the 20% category meant for?

Use the tabs below to access budgeting, savings, debt, and career tools in one place.

Welcome to the budgeting tool.

A popular framework to organize your take-home pay:

50% Needs: Rent, groceries, utilities, and insurance.

30% Wants: Dining out, hobbies, and subscriptions.

20% Financial: Debt payments and emergency savings.

See how the budgeting rule divides your take-home pay.

Needs50%

Wants30%

Savings20%