50/30/20 Budget Template

The 50/30/20 rule is a simple budgeting method that allocates your after-tax income into three categories: 50% for needs, 30% for wants, and 20% for savings and debt payoff.

Budget Planning
50/30/20 Budget Template preview

What's Included

  • Automatic 50/30/20 budget allocation
  • Track needs, wants, and savings separately
  • See remaining budget in real-time
  • Pre-filled expense categories
  • Color-coded for easy understanding
  • Works in Excel and Google Sheets

How to Use This Tool

  1. 1Enter your monthly after-tax income
  2. 2Budget automatically allocates across categories
  3. 3Fill in your actual expenses in detailed sections
  4. 4Track remaining budget for each category
  5. 5Adjust as needed - the rule is flexible!

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