50/25/20/5 Budget Spreadsheet Template | Excel & Google Sheets
Tax included
COUPON CODE
- 40HUB – Purchase 2 or more items and enjoy 40% off your entire order!
50/25/20/5 – Balanced Financial Approach (Well-structured allocation for security and lifestyle)
If you're looking for a straightforward way to manage your money and make sure you’re covering all your bases, the 50/25/20/5 Balanced Financial Approach is exactly what you need. This method divides your income into four easy-to-follow categories, so you can focus on what's really important: taking care of your basics, enjoying life responsibly, saving for the future, and staying on top of any debt.
Here’s how it works:
- 50% NEEDS – This part goes toward all your essential expenses like rent, bills, food, and healthcare. By making sure you allocate half of your income to these things, you’ll know your most important needs are covered.
- 25% WANTS – It’s not all about just surviving. This category is for the fun stuff – dining out, travel, hobbies, and things that bring joy. This part lets you live a balanced lifestyle without guilt.
- 20% SAVINGS – Saving for the future is key. This portion goes into building your savings, emergency fund, or even investing for long-term goals like retirement. It’s how you make sure you're financially secure down the road.
- 5% DEBT – If you’ve got any debts (student loans, credit cards, etc.), this part helps you stay on track with paying them off. It’s all about making consistent progress toward becoming debt-free.
Who’s This For?
- Anyone Who Wants Better Financial Control: If you feel like your finances are out of control, this approach gives you a simple structure to manage everything without getting overwhelmed.
- People Who Want to Save & Pay Off Debt Simultaneously: If you’re working on reducing debt but also want to start saving for the future, this method lets you do both in a balanced way.
- Those New to Budgeting: If you’ve never budgeted before or are looking for a simpler system, the 50/25/20/5 approach is easy to understand and easy to implement.
Why This Works
- Easy to Follow: The 50/25/20/5 method gives you a clear breakdown of how to allocate your money, so you’ll always know where your funds are going.
- Balance Between Needs & Wants: You get to enjoy life and have fun, but you’re also setting aside enough for future financial security.
- Focus on Financial Security: With a portion of your income going into savings and debt repayment, you’re creating a solid foundation for the future.
How It Helps You
- Keeps Your Essentials Covered: You’ll always have money for your most important expenses (like rent, bills, and groceries) so you can avoid stress.
- Lets You Enjoy Life Guilt-Free: You’re not cutting out the fun stuff—just making sure you're still saving and paying off debt.
- Makes Saving & Paying Off Debt Simple: With a clear allocation, you’ll always know how much you should be saving and how much you can put toward paying off your debt.
With the 50/25/20/5 Balanced Financial Approach, you’ll be able to handle your finances in a way that feels manageable, balanced, and stress-free. It’s available as a downloadable template for Google Sheets and Excel, so you can start using it right away and take control of your money.
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!
