Budget Builder | Learn Budgeting Skills | GSU Free Finance

📊 Budget Builder

Master the art of allocating your money wisely

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GENO
GENO: Welcome to Budget Builder! The 50/30/20 rule is your guide: 50% for NEEDS, 30% for WANTS, 20% for SAVINGS. Let's build some budgets!
📐 The 50/30/20 Rule
50% Needs
30% Wants
20% Savings
Needs: Housing, food, utilities, transport
Wants: Entertainment, dining out, hobbies
Savings: Emergency fund, retirement, goals
Scenario 1: First Paycheck
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Jamie, 22
New college graduate, first real job
Monthly Take-Home Pay (After Taxes)
$3,200
Entry-level marketing position
🏠 NEEDS (Target: 50%)
$0
Target: $1,600
🎮 WANTS (Target: 30%)
$0
Target: $960
🏦 SAVINGS (Target: 20%)
$0
Target: $640
💵 Monthly Income $3,200
📉 Total Allocated $0
💰 Remaining $3,200
Budget Used 0%
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