50 / 30 / 20 Budget

The simplest budget that actually works

Monthly Take-Home Income

Source 1:
Source 2:
Total:
50% Needs → $________
30% Wants → $________
20% Save/Debt → $________
50% Needs
Target: $______
ItemAmount
Housing / Rent
Utilities
Groceries
Transportation
Insurance
Min. Debt Payments
Childcare
Total Needs$
30% Wants
Target: $______
ItemAmount
Dining Out
Entertainment
Shopping
Subscriptions
Hobbies
Travel
Personal Care
Total Wants$
20% Savings & Debt
Target: $______
ItemAmount
Emergency Fund
Retirement (401k/IRA)
Extra Debt Payments
Investments
College Savings
Other Savings
Total Save/Debt$

Budget Check

Needs ≤ 50% of income?______ / ______
Wants ≤ 30% of income?______ / ______
Savings ≥ 20% of income?______ / ______
Total allocated = Total income?______ / ______
budgetprintables.com