Being a business owner is thrilling but making the dream a reality may take one essential ingredient, finance. As you start a business, grow, or fill short-term cash flow gaps, financing your business is one of the most crucial decisions that you will make.

70 20 10 budgeting rule is a very simple and effective finance management framework. It takes 70% of your income, 20% of it for savings or investments, and leaves 10% for debt repayment or donating to charity. Several 70-20-10 Rule Money Calculators have been made available online to make budgeting even easier. To help you select a calculator, we take a look at the top 3 calculators in this article.