70/20/10 Budget Spreadsheet Template
Excel & Google Sheets
Listed in categories:
BudgetingProductivitySpreadsheets
Description
The 702010 Budget Spreadsheet Template is designed for individuals who want to embrace a minimalist lifestyle while effectively managing their finances. This template helps users allocate their income into three clear categories: 70% for needs, 20% for wants, and 10% for savings, ensuring a balanced approach to budgeting that prioritizes essential expenses while allowing for enjoyment and future savings.
How to use 70/20/10 Budget Spreadsheet Template?
To use the 702010 Budget Spreadsheet Template, simply download the file, open it in Excel or Google Sheets, and start entering your income and expenses according to the 70/20/10 rule. Adjust the categories as needed to fit your personal financial situation and track your spending over time.
Core features of 70/20/10 Budget Spreadsheet Template:
1️⃣
Simple and clear categorization of income
2️⃣
Encourages a minimalist lifestyle
3️⃣
Promotes balanced spending between needs, wants, and savings
4️⃣
Facilitates consistent savings over time
5️⃣
Customizable to fit individual financial situations
Why could be used 70/20/10 Budget Spreadsheet Template?
| # | Use case | Status | |
|---|---|---|---|
| # 1 | Individuals looking to simplify their finances | ✅ | |
| # 2 | People wanting to focus on essential spending and savings | ✅ | |
| # 3 | Those aiming to maintain a balanced lifestyle while enjoying some discretionary spending | ✅ | |
Who developed 70/20/10 Budget Spreadsheet Template?
SpreadsheetsHub is dedicated to providing high-quality budgeting tools and templates that help individuals and small businesses manage their finances effectively. They focus on simplicity and usability, ensuring that users can easily navigate their financial planning.