60/20/15/5 Budget Spreadsheet Template
Excel & Google Sheets
Listed in categories:
BudgetingPersonal FinanceSpreadsheets
Description
The 6020155 Stability & Growth Budget Template is a simple yet effective tool designed to help individuals manage their finances. It focuses on essential expenses while ensuring growth and financial security. This budget method is ideal for anyone looking to prioritize long-term financial stability without sacrificing life's pleasures.
How to use 60/20/15/5 Budget Spreadsheet Template?
To use the 6020155 Stability & Growth Budget Template, simply download it in Excel or Google Sheets format, allocate your income according to the specified percentages for needs, wants, savings, and debt repayment, and track your spending to ensure you stay within your budget.
Core features of 60/20/15/5 Budget Spreadsheet Template:
1️⃣
60% allocation for needs (housing, utilities, groceries, healthcare)
2️⃣
20% allocation for wants (entertainment, hobbies, dining out)
3️⃣
15% allocation for savings (investments, retirement, emergency fund)
4️⃣
5% allocation for debt repayment
5️⃣
Easy tracking and adjustment of spending categories
Why could be used 60/20/15/5 Budget Spreadsheet Template?
| # | Use case | Status | |
|---|---|---|---|
| # 1 | Individuals looking to manage their personal finances effectively | ✅ | |
| # 2 | Small business owners needing a structured budget plan | ✅ | |
| # 3 | Anyone wanting to prioritize savings and reduce debt | ✅ | |
Who developed 60/20/15/5 Budget Spreadsheet Template?
SpreadsheetsHub is dedicated to providing high-quality spreadsheet templates that help individuals and businesses manage their finances effectively. They offer a range of customizable templates designed for various financial needs.