80/10/10 Budget Spreadsheet Template
Excel & Google Sheets
Listed in categories:
SpreadsheetsProductivityBudgeting
Description
The 801010 Basic Survival Budgeting Template is designed for individuals who need to prioritize essential expenses while maintaining a simple and minimalistic approach to finances. This template helps users focus on their most important needs while allowing for small luxuries and savings, making it ideal for those on a tight budget.
How to use 80/10/10 Budget Spreadsheet Template?
To use the 801010 Budgeting Template, simply input your income and categorize your expenses according to the 80/10/10 rule. Allocate 80% of your income to essential needs, 10% to discretionary wants, and 10% to savings. This structure will help you maintain financial stability and gradually build savings.
Core features of 80/10/10 Budget Spreadsheet Template:
1️⃣
Splits income into three categories: 80% needs, 10% wants, and 10% savings
2️⃣
Helps prioritize essential expenses
3️⃣
Encourages a minimalist lifestyle
4️⃣
Facilitates gradual savings accumulation
5️⃣
Easy to follow and understand budgeting structure
Why could be used 80/10/10 Budget Spreadsheet Template?
| # | Use case | Status | |
|---|---|---|---|
| # 1 | Individuals on a tight budget needing to prioritize essential living expenses | ✅ | |
| # 2 | People looking for a minimalist approach to finances | ✅ | |
| # 3 | Those wanting to build a small savings cushion while managing limited income | ✅ | |
Who developed 80/10/10 Budget Spreadsheet Template?
SpreadsheetsHub is dedicated to providing high-quality budgeting tools and templates that help individuals and businesses manage their finances effectively. They focus on simplicity and usability, ensuring that users can easily navigate their financial planning.