50/30/20 Monthly Budget
The simplest personal finance budget structure.
📋 Template
Monthly Take-Home Pay (After taxes): [$Amount] NEEDS (50% Target: [$Amount]): - Rent/Mortgage: [$] - Groceries: [$] - Utilities: [$] - Insurance/Car: [$] WANTS (30% Target: [$Amount]): - Dining Out: [$] - Entertainment/Hobbies: [$] - Travel/Shopping: [$] SAVINGS/DEBT (20% Target: [$Amount]): - Emergency Fund: [$] - Investments/Retirement: [$] - Extra Debt Paydown: [$]
💡 Pro Tip
Automate the 20% savings/investing portion so the money leaves your main account the day you get paid.
📌 When to Use This Template
Setting up a basic personal budget tracking system.
Need to customize this template?
Use our free Compound Interest Calculator to generate personalized versions instantly.
Try Compound Interest Calculator — Free →