70/15/10/5 Budget Spreadsheet Template
Excel & Google Sheets
Listed in categories:
BudgetingProductivitySpreadsheets
Description
The 7015105 Essential Living Budget is a financial planning tool designed to help individuals and families prioritize essential living costs while managing savings and debt. This budget template divides income into four main categories: Needs (70%), Wants (15%), Savings (10%), and Debt (5%), ensuring financial stability and growth while keeping discretionary spending in check.
How to use 70/15/10/5 Budget Spreadsheet Template?
The 7015105 Essential Living Budget is available as a template in Google Sheets and Excel. Users can easily track their spending and savings by customizing the template to fit their personal or family needs, focusing on essentials and long-term financial health.
Core features of 70/15/10/5 Budget Spreadsheet Template:
1️⃣
Divides income into four main categories: Needs, Wants, Savings, and Debt
2️⃣
Focuses on essential living costs
3️⃣
Helps manage savings and debt
4️⃣
Promotes financial stability and growth
5️⃣
Customizable for individual or family needs
Why could be used 70/15/10/5 Budget Spreadsheet Template?
| # | Use case | Status | |
|---|---|---|---|
| # 1 | Individuals in transition (e.g., starting a new job or managing financial responsibilities as a student) | ✅ | |
| # 2 | Families on a tight budget needing to allocate funds wisely | ✅ | |
| # 3 | Debt-sensitive individuals wanting to balance debt repayment with savings | ✅ | |
Who developed 70/15/10/5 Budget Spreadsheet Template?
SpreadsheetsHub is dedicated to providing practical and user-friendly financial tools, helping individuals and families take control of their finances with a focus on essential living costs and long-term growth.