Our Salary Savings Advisor tool can help you manage your salary properly. Using this calculator, you can allocate 50% of your salary for your needs, 30% for savings, and 20% for wants.
Unlock Financial Freedom: Discover Your Optimal Salary Savings
Needs: $0.00
Savings: $0.00
Wants: $0.00
Our Salary Savings Calculator is your go-to tool for all your financial planning needs. With our easy-to-use interface, you can break down your income into needs, savings, and wants.
This means you will have more control over your finances. Whether you are building an emergency fund, saving for your dream, or simply managing your monthly expenses.
Our Salary Calculator will provide you with the information you need to budget better and achieve your financial goals.
Manage your finances with our Salary Savings Advisor tool. Use your salary to allocate your income to your needs, savings, and wants for your budget.
How to Use the Salary Savings Advisor Tool?
The salary savings advisor tool is very easy to use. First of all, you have to input your salary in the My Salary column. After that, click the calculate button.
Step 1: Input Your Salary (Income)
First of all, input your monthly salary for example Rs.50000, Rs.60000, or Rs.70000 in the “My income” field.
Step 2: Press the Calculate Button
After inputting the salary (income), press the "Calculate" button. This calculator will break down your salary into needs, savings and wants.
Step 3: View Result
The calculator will distribute your salary into 50% needs, 30% savings, and 20% wants. Below you will be told the meaning of these three results.
Step 4: Clear Results:
If you want to re-input the income, press the "Clear" button. This will clear all previous results.
What is 50% for needs, 30% for savings, and 20% for Wants?
(50% For Needs)
50% of the salary is reserved for your needs, such as housing rent, food, education fund, and employment security.
(30% For Savings)
30% of the salary is saved for savings. Saving increases your financial security and protects you from unexpected financial losses.(20% For Wants)
20% of the salary is earmarked for wants. This portion allows you to fulfill your favorite things and find happiness.By using the salary savings calculator, you can manage your salary properly and improve your financial condition.
Disclaimer: The Salary Savings Advisor tool provided on this platform is intended for informational purposes only and should not be considered as financial advice.
While we strive to provide accurate and up-to-date information, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability of the tool or the information, products, services, or related graphics contained within it.
Any reliance you place on the Salary Savings Advisor tool is strictly at your own risk. We encourage users to consult with a qualified financial advisor or professional before making any financial decisions based on the information provided by the tool.
We shall not be liable for any loss or damage, including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of the Salary Savings Advisor tool.