50/30/20 Budgeting v1.00
About this template
Designed to simplify money management, this template divides your income into three key categories: Needs, Wants, and Savings/Debt Repayment. Perfect for anyone looking to maintain financial stability and achieve their savings goals, this tool will help you budget efficiently and stress-free.
Key Features:
Structured Budgeting: Follows the 50/30/20 rule, allocating 50% of your income to essential expenses, 30% to discretionary spending, and 20% to savings and debt repayment.
Customizable Fields: Easily track your expenses with fields for Category, Description, Amount, Date, and Type.
Automated Calculations: Formula-driven fields that automatically calculate totals and percentages to keep your budget on track.
Multiple Views: Switch between table, calendar, and board views for a comprehensive overview of your finances.
User-Friendly Interface: Clean and intuitive design makes it easy to input data and navigate through your budget.
Benefits:
Simplified Money Management: Easily track and manage your spending and savings in one place.
Balanced Financial Planning: Ensure a balanced approach to spending, saving, and debt repayment.
Visual Insights: Gain clear insights into your spending habits and adjust your budget as needed.
Increased Savings: Stay on top of your savings goals and ensure financial growth.
Perfect For:
Individuals looking to gain control over their finances.
Families wanting to manage household budgets effectively.
Students and young professionals starting their financial journey.
Anyone aiming to achieve a balanced and stress-free approach to money management.
How It Works:
Easy Setup: Simply download the Notion template and add it to your workspace.
Log Expenses and Savings: Input your transactions into the template, categorizing them as Needs, Wants, or Savings/Debt Repayment.
Monitor and Adjust: Use the automated calculations and various views to track your spending and ensure you stay within the 50/30/20 rule.
Achieve Financial Goals: Regularly review and adjust your budget to stay on track and achieve your financial goals.
Take the first step towards financial balance and stability . Start managing your money wisely and achieve your financial goals with ease!
