50/30/15/5 Budget Spreadsheet Template | Excel and Google Sheets

Managing your finances doesn’t have to be difficult. The 50/30/15/5 budgeting method offers a simple approach to managing money, ensuring that your essentials are covered, you can enjoy life, save for the future, and stay on top of debt—while keeping everything organized.

To make budgeting even easier, we’ve designed a ready-to-use spreadsheet, available in Google Sheets and Excel. It automatically calculates your budget breakdown, tracks your expenses, and helps you achieve your financial goals.

How It Works:

Your income is divided into four key categories:

• 50% – Needs (housing, utilities, food, healthcare)
• 30% – Wants (entertainment, shopping, dining)
• 15% – Savings (investments, retirement, emergency fund)
• 5% – Debt Repayment (loans, credit cards)

Simply input your income, and the template will handle the calculations and categorize your expenses automatically.

Why It’s Effective:

• Simple & automated: No manual calculations needed; the spreadsheet updates everything for you.
• Balance between needs and wants: Ensures essentials are covered while giving room for lifestyle spending.
• Promotes smart saving: Helps you secure your future without feeling overly restrictive.
• Keeps debt in check: Ensures gradual debt repayment alongside other financial priorities.

Who Can Benefit:

• Anyone seeking a structured yet flexible financial plan
• Those looking for a pre-made budgeting tool instead of building one from scratch
• People who struggle with balancing spending and savings
• Those aiming to reduce debt while maintaining their lifestyle

With the 50/30/15/5 Budget Spreadsheet, managing your finances is straightforward and stress-free. Available in Google Sheets and Excel, it helps you stay in control of your money with ease.

WHAT’S INCLUDED?

• Step-by-step instructions 
• 4 Templates of Spreadsheets
• Sample Google Sheet with Mock Data
• Blank Google Sheet
• Sample Excel with Mock Data
• Blank Excel
• Editable in Google Sheets and Microsoft Excel
• Compatible with MAC, PC, Phones, or Tablets

HOW IT WORKS & REQUIREMENTS

YOU WILL NEED:

• A device to access Google Sheets or Microsoft Excel
• A Google Account (if using Google Sheets)
• Microsoft Excel software (if using Excel)
• Basic computer skills

HOW IT WORKS:

• Purchase and download instantly.
• Open the PDF file to access the Google Sheet link.
• Download the Excel template.
• Open the spreadsheet and start planning!

IMPORTANT TO KNOW:

• This is a digital download; no physical items will be shipped.
• Due to the nature of digital products, all sales are final, and refunds are not available.

COLOR DISCLAIMER:

Please note that colors in the spreadsheet may vary slightly due to screen display differences on your device. This can include variations in color on phones, tablets, and computers.

Note: For the best experience, we recommend using a desktop or laptop for full editing capabilities.