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

50/30/15/5 – Balanced Financial Plan (A practical mix of needs, lifestyle, savings, and debt repayment)

Managing money shouldn’t be complicated. The 50/30/15/5 budgeting method is a straightforward way to take control of your finances, ensuring you cover essential expenses, enjoy life, save for the future, and stay on top of debt—all in one organized system.

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

How This Plan Works

With our spreadsheet, your income is divided into four essential categories:

• 50% – Essentials (rent, utilities, food, healthcare)
• 30% – Lifestyle (travel, shopping, dining out)
• 15% – Savings (investments, retirement, emergency fund)
• 5% – Debt Repayment (loans, credit cards)

Simply enter your income, and the template does the rest—calculating and categorizing your spending automatically.

Why This Budgeting Method is Effective

• Simple and automated – No need for manual calculations; the spreadsheet updates everything for you.
• Balances responsibility and enjoyment – Ensures all necessities are covered while allowing room for personal spending.
• Encourages smart saving – Helps you build financial security without feeling restrictive.
• Keeps debt under control – Ensures steady repayment while managing other expenses.

Who Can Benefit From This Plan?

• Individuals looking for a structured yet flexible financial plan
• Anyone who wants a pre-built budgeting tool instead of creating one from scratch
• People who struggle to manage spending and savings
• Those aiming to pay off debt without sacrificing their lifestyle

With the 50/30/15/5 Budget Spreadsheet, tracking your finances becomes effortless. Available in Google Sheets and Excel, this tool helps you take charge of your money with clarity and confidence.