Smart Budget Strategies Combined

Take control of your salary with our advanced budget calculator. My Runway combines three proven methodologies to give you the ultimate salary management tool for better personal growth.

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50-30-20 Rule

A simple yet powerful framework: allocate 50% of your income to needs, 30% to wants, and 20% to savings and debt repayment.

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Zero-Based Budgeting

Every single naira is assigned a job. By the end of your planning, your income minus expenses should equal zero.

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Envelope Budgeting

Divide your funds into specific digital "envelopes" for different categories, ensuring you never overspend on what matters.

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Example: ₦200,000 Monthly Plan

See how a professional budget looks using the 50-30-20 strategy.

50/30/20 Rule
200,000
Needs
₦100,000 50%
Wants
₦60,000 30%
Savings
₦40,000 20%
home

Needs

₦100k
50% TOTAL
Accommodation
₦40,000 40%
Bills & Utilities
₦15,000 15%
Groceries and Essentials
₦20,000 20%
Transportation
₦12,000 12%
Communication
₦5,000 5%
Healthcare & Personal Care
₦5,000 5%
Education
₦2,000 2%
Dependents
₦1,000 1%
payments

Wants

₦60k
30% TOTAL
Dining & Entertainment
₦20,000 33.3%
Fashion & Shopping
₦15,000 25%
Gift & Charity
₦10,000 16.7%
Fitness & Hobbies
₦10,000 16.7%
Travel & Experiences
₦5,000 8.3%
savings

Savings

₦40k
20% TOTAL
Emergency Fund
₦20,000 50%
Debt Repayment
₦10,000 25%
Self-development
₦5,000 12.5%
Investments
₦5,000 12.5%
Zero-Based Allocation
100% ALLOCATED
₦200,000

Take Charge of Your Income

This example is just the beginning. Ready to create a budget that works for your unique life?

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