50/30/20 budget template

The simplest budget there is. Half of what you earn goes on needs, 30% on wants and 20% on savings and paying down debt. Start here if detailed budgets have never stuck, and split the categories further later if you want.

Use this templateFree. No account needed to start.
Planned against $5,000 a month
  • Needs50% · $2,500
  • Wants30% · $1,500
  • Savings and debt20% · $1,000
  • Bills
  • Savings
  • Fun

What to put in it

  • Needs are what you must pay: rent, food, transport, bills.
  • Wants are everything you could cut in a hard month.
  • If needs are more than half, that is normal at first. Lower wants before savings.

How it works

  1. Open the template and type what comes in each month.
  2. Every category gets its share, so the plan adds up at once. Change any figure.
  3. Add what you spend, or import a bank statement, and see each month against the plan.

Questions people ask

Is the budget planner free?

Yes. One budget is free, with the last 3 months to look back on. Paid plans keep more budgets and every past month.

Do you connect to my bank?

No. You type what you spend, or upload a statement you downloaded yourself. We never ask for bank logins.

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