50/30/20 Budget Google Sheets Template

Are you looking for a good way to create a spending tracker to save money? Then, you can use our 50/30/20 Budget Template in Google Sheets and analyze your expenses monthly.

50/30/20 rule aims to divide your spendings purposefully. You can spend 50% of your income on your needs, 30% on what you want, and 20% on your investments. With our 50/30/20 budget calculator, you can track if you are successful at the 50/30/20 method.

50/30/20 Budget Template in Google Sheets Features

There are two sheets in the 50/30/20 simple budget template.

Dashboard

The first sheet of this Google spreadsheet is the dashboard. This is where you can summarize your needs, wants, and incomes to use it on the Records sheet. They will be used as predetermined values in the Records sheet.

The other feature of the Dashboard is the chart section where you can display the Cash Flow and Distribution of your Income. With these charts, you can visually analyze if you are successful in the 50/30/20 method in the previous months.

Charts in the 50-30-20 budget template in Google Sheets are monthly. You can easily change the month from the dropdown menus at the top of the Dashboard.

Records

Records sheet is where you will keep the records of your spending. In the 50/30/20 Budget Template in Google Sheets, you can easily input your data with the dropdown menus.

The data you entered in the dashboard (Needs, Wants, and Income) will be displayed as options, here.

You cannot both enter a single date and Frequency-Term data. If your expense is recurring, then, please enter the frequency and the year (Term). If it is for once, you can enter a single date.

50/30/20 Budget Template in Google Sheets Summary

• 50 30 20 budget calculator in Google Sheets
• Fully printable and ready-to-use
• Simple online tool for budget planning
• Easily export to PDF
• No installation is needed
• Informational notes included
• Available on all devices (including tablet, desktop, and mobile)