60/20/20 Budget Spreadsheet Template
Excel & Google Sheets
Listed in categories:
BudgetingProductivitySpreadsheets
Description
The 602020 Budget Spreadsheet Template is designed to help individuals prioritize their financial security by allocating their budget into three main categories: 60% for essential needs, 20% for personal wants, and 20% for savings. This template simplifies budgeting, ensuring that essential expenses are covered while also allowing for personal enjoyment and future financial goals.
How to use 60/20/20 Budget Spreadsheet Template?
To use the 602020 Budget Spreadsheet Template, simply download the file, open it in Excel or Google Sheets, and start entering your income and expenses. Allocate your budget according to the 60/20/20 rule, adjusting categories as needed to fit your financial situation.
Core features of 60/20/20 Budget Spreadsheet Template:
1️⃣
Simple and clear allocation of budget categories
2️⃣
Focus on financial security and essential needs
3️⃣
Allows for personal enjoyment within budget
4️⃣
Encourages savings for emergencies and retirement
5️⃣
Flexible and customizable to suit individual needs
Why could be used 60/20/20 Budget Spreadsheet Template?
| # | Use case | Status | |
|---|---|---|---|
| # 1 | Individuals looking to secure their financial future | ✅ | |
| # 2 | People wanting to control their spending and save more | ✅ | |
| # 3 | Anyone needing a straightforward budgeting tool to manage finances | ✅ | |
Who developed 60/20/20 Budget Spreadsheet Template?
SpreadsheetsHub is dedicated to providing high-quality spreadsheet templates that help individuals and businesses manage their finances effectively. They focus on user-friendly designs and practical solutions to meet various budgeting needs.