What is a 50 30 20 budget?

The 50-30-20 budget is divided into three parts. 50% for needs, 30% for wants, and also 20% for savings. And remember, you can always use a 50 30 20 calculator or even a 50 30 20 budget template to create yours. The 50% needs category is for all your monthly essentials. Essentials include things you simply cannot live without.

How do I get a free 50/30/20 budget template?

To try this budgeting method out and get your free printable 50/30/20 budget template simply scroll through all the designs and layouts available below and then follow these three steps: Print! Now you just need to fill in your budget numbers and stick to them!

How do I use the 50/30/20 budget tool?

Just remember to copy these versions over into your Google Sheets account to make these your own. The 50/30/20 Budget Tool by Clearly walks you through the 50/30/20 money management principle by allowing you to, firstly, analyze your spending habits on the Current Spending Sheet on the first tab.