45/30/20/5 Budget Spreadsheet Template | Excel & Google Sheets
Tax included
COUPON CODE
- 40HUB – Purchase 2 or more items and enjoy 40% off your entire order!
45/30/20/5 – Smart Money Plan (Balancing essential costs, fun, and financial health)
The 45/30/20/5 Smart Money Plan is a practical and efficient financial budgeting method designed to balance essential costs, personal enjoyment, savings for the future, and debt management. This plan allows individuals to maintain a healthy financial balance while still enjoying their lifestyle and planning for long-term security. Perfect for those who want a clear structure for managing their finances without sacrificing enjoyment or neglecting savings.
How the 45/30/20/5 Smart Money Plan Works
This budget splits your income into four essential categories, each representing a crucial part of a balanced financial life:
- 45% NEEDS – Covering essential costs like rent, utilities, groceries, healthcare, and transportation.
- 30% WANTS – Allowing room for lifestyle enjoyment like dining out, entertainment, hobbies, and travel.
- 20% SAVINGS – Prioritizing long-term financial security, including investments, retirement savings, and emergency funds.
- 5% DEBT – Allocating a portion to manage and pay off outstanding debt, such as loans or credit card bills.
Key Benefits of the Smart Money Plan
- Financial Balance: This plan ensures that essential costs are covered while also giving you the flexibility to enjoy life without guilt. It keeps you financially healthy and stress-free.
- Long-Term Security: By putting 20% of your income into savings, you’re building wealth for the future. The Smart Money Plan helps you stay focused on both short-term enjoyment and long-term financial goals.
- Debt Management: The 5% allocation for debt ensures that you’re consistently making progress on any outstanding obligations, reducing financial stress over time.
- Adaptability: The Smart Money Plan can be customized to fit your individual needs, whether you’re looking to adjust for more savings or allocate slightly more to entertainment.
Why Choose the 45/30/20/5 Smart Money Plan?
- Clear Structure: With a clear and simple allocation, you’ll always know exactly where your money is going, helping you stay organized and avoid financial confusion.
- Comprehensive Coverage: It covers all aspects of your finances—essentials, lifestyle, savings, and debt—ensuring that you stay on track with your financial goals.
- Financial Freedom: By focusing on savings and debt, the Smart Money Plan offers a path to financial independence while allowing room for personal enjoyment. You don’t have to choose between your financial future and your present-day pleasures.
- Easy to Use: Whether you use Google Sheets or Excel, this budget template is designed for ease of use, helping you track your spending effortlessly and stay on top of your finances.
Who Is the 45/30/20/5 Smart Money Plan For?
This budgeting method is perfect for anyone who wants a structured approach to managing their finances. Whether you’re just starting out in your career, planning for a major life change, or simply looking to get better control over your budget, the Smart Money Plan offers a solution that works for everyone.
- Young Professionals: Focus on building savings, paying off debt, and still enjoying your youth.
- Families: Cover the essential expenses of daily life, while saving for future needs and maintaining financial health.
- Freelancers & Entrepreneurs: With fluctuating income, this plan helps balance needs and wants while prioritizing savings for business and personal growth.
Achieve Financial Balance with the Smart Money Plan
The 45/30/20/5 Smart Money Plan is the ideal solution for anyone seeking to balance essential expenses, lifestyle, savings, and debt management. By allocating your income wisely across these four key categories, you’ll create a financial strategy that supports both your present and future needs. Get started today with a Google Sheets or Excel template, and take control of your financial destiny.
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:
1. Purchase and download instantly.
2. Open the PDF file to access the Google Sheet link.
3. Download the Excel template.
4. 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.
NEED HELP? If you have any questions, feel free to reach out to us at spreadsheetshub.office@gmail.com or info@spreadsheetshub.com. You can also contact us on WhatsApp for assistance.
FAQ
How will I get access after purchase?
- Once your payment is confirmed, you’ll receive an email with your purchase details and access links for both the Google Sheets and Excel versions of the template.
How long will it take to receive my template after purchase?
- Instantly! No delays or manual processing. This is a digital download, and you will receive access to your templates immediately in two ways:
1) An email with your download links
2) A confirmation page after successful payment, where you can download the files right away without closing the website
Is this a subscription or a one-time payment?
- It’s a one-time payment — no hidden fees or recurring charges!
Are the templates compatible with my device?
- Yes! All Google Sheets and Excel templates are fully compatible with any device — including Windows, Mac, Android, and iOS.
Will anyone else be able to see my data after purchase?
- No! Once you purchase any template from us, you’ll receive your own private copy linked to your personal Google or Microsoft account (depending on whether you're using Google Sheets or Excel).
Google and Microsoft follow very strict security protocols, so no one will ever be able to access or modify your data without your explicit permission.
Which currencies are included in the template?
- All templates include over 40 different currencies from around the world. Yours is definitely there!
How do I know which cells I should fill out and which ones I shouldn't?
- The input cells are always marked with a specific color, usually white. You can also click on any cell to check if it contains a formula before entering data.
What if I accidentally enter data into a formula cell?
- Most likely, you won’t be able to. Each formula cell has a warning or restriction that prevents accidental editing. So don’t worry!
Can I edit and customize the templates?
- Absolutely! You can modify anything you like. The only limit is your imagination.
Can I resell this template?
- No, all templates are for personal use only.
However, if the template is marked as a PLR Spreadsheet, then yes — you are allowed to resell it anywhere, anytime!
Can I resell this template?
- No, all templates are for personal use only.
However, if the template is marked as a PLR Spreadsheet, then yes — you are allowed to resell it anywhere, anytime!
What if I need help or have questions about my template?
- 📧 spreadsheetshub.office@gmail.com
- 📧 info@spreadsheetshub.com
Can I use the template right after purchase?
- Yes! You’ll receive instant access to your template as soon as the payment is confirmed. No delays, no waiting.
What skill level do I need to use the template?
- Our templates are designed for all levels — from beginners to advanced users. Input fields are clearly marked, and most come with easy-to-follow instructions.
Can I use the template in Google Sheets for free?
- Absolutely! You don’t need a paid Google account — our templates work perfectly in the free version of Google Sheets.
Is the template for personal use only, or can I use it for business too?
- We offer templates for both personal finance and business needs — from budgeting to order tracking and inventory management.
Can I request a customization?
- Yes! We offer a custom spreadsheet service. Just reach out to us with your request and we’ll tailor the template to your needs.
What if I don’t know how to use Excel or Google Sheets?
- No problem! You can contact us for a simple guide or request support. We’re here to help and make sure you get the most out of your template.
Can I get a refund?
- As this is a digital product, refunds are not available. However, if you run into any issues or need assistance, we’ll do everything we can to help!
