50/30/15/5 Budget Spreadsheet Template | Excel & Google Sheets
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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.
How to Use the 50/30/15/5 Budget Spreadsheet | Step-by-Step Video Tutorial
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.
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
FEATURES & LIMITATIONS
- Automated Calculations: All totals, charts, and summaries update automatically when data is entered. No manual math required.
- Currency Customization: For all budget and finance-related templates, you can easily change the currency symbol (USD, EUR, GBP, etc.) in just a few clicks.
- Protected Formulas: Certain cells and tabs are locked to prevent accidental deletion of complex formulas, ensuring your template works perfectly. However, no passwords are required—you can easily unlock the sheets if you wish to customize the structure.
- Language: This template is provided in English
- No Macros: We use advanced formulas instead of VBA macros, making the files safer and more compatible across different devices.
HOW IT WORKS & REQUIREMENTS
SYSTEM REQUIREMENTS:
To ensure all features and automated functions work correctly, you will need:
- Microsoft Excel: A subscription to Microsoft 365 (formerly Office 365) is strictly required. Older versions (Excel 2019 or earlier) may not support all formulas.
- Google Sheets: A free Google Account if you prefer using the web-based version.
- Device: A desktop or laptop is highly recommended for the best experience. Mobile devices may have limited editing capabilities.
HOW IT WORKS:
- Purchase and download your files instantly.
- Open the PDF file to access your unique Google Sheets link.
- Open the Excel file directly if using Microsoft 365.
- Follow the setup instructions inside and start planning!
IMPORTANT TO KNOW:
- Compatibility: This template is exclusively designed for Microsoft 365 and Google Sheets. It is not compatible with Numbers (Apple), LibreOffice, or OpenOffice.
- Refund Policy: Due to the instant nature of digital downloads, no refunds or exchanges can be given once the files are downloaded. Please verify your software compatibility before purchase.
- Personal Use Only: Your purchase grants you a single-user license. Re-selling, sharing, or distributing this template in any form is strictly prohibited and protected by copyright law.
DISPLAY & COLOR DISCLAIMER: The visual appearance of the spreadsheet may vary slightly depending on your screen resolution, color settings, and device hardware. For the best experience, we recommend using a desktop or laptop.
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.
