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The free Budget Planner Worksheet

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A Budget Planning Worksheet for Free Worksheet
Add your expenses and income to this template for your monthly budget, and we'll show how your spending complies with the 50/30/20 rule.
The article was written by Lauren Schwahn Lead Writer | Personal financial and credit card debt Lauren Schwahn is a writer at NerdWallet who writes about budgeting, debt and savings strategies. She is a contributor to the "Millennial Money" column in The Associated Press. She has been highlighted by USA Today, MarketWatch and more. Lauren has a bachelor's degrees in historical studies from The University of California, Santa Cruz. She is based in San Francisco.





7 February 2023


Written by Rick VanderKnyff Senior Assigning Editor | Los Angeles Times; University of California, San Diego; Microsoft Rick VanderKnyff leads NerdWallet's news operations and manages the team that is responsible to expand NerdWallet content to additional topics in personal finance.

Prior to that, he was employed as a channel manager for MSN.com and also as a web administrator at University of California San Diego as well as an editor of copy and staff writer at The Los Angeles Times. He has an undergraduate degree in Arts in communications , as well as an Master of Arts in Anthropology.







A majority of the products featured here are provided by our partners, who pay us. This influences which products we feature and the location and manner in which the product appears on the page. However, this doesn't influence our evaluations. Our views are our own. Here is a list of and .



What is a budget planner?
Budget planners are a tool, such as a worksheet or template, which you can use to design your budget. A successful budget planner helps you choose the best way to spend your money, while also cutting down or eliminating the amount of debt. NerdWallet recommends the suggests that 50% of your earnings is devoted to needs, 30% goes towards wants% toward wants and 20% for savings and debt repayment.
Before you create a budget, it is important to establish a plan.
NerdWallet breaks down your spending and shows you how to cut costs.










Make a budget that is a good fit for your needs
The best financial planner will be one that that you can live with So, you can tweak your plan as needed. For example, the 50/30/20 breakdown is an option to help start. As needed until you have reached your desired budget.
If a hand-on monthly budget template doesn't work for you, you might want to consider using one of these . Most of them sync with your financial accounts, so they're able to help you.
If you're unable to create your dream budget into a real-life reality, or you're struggling to get a handle on your finances, budgeting might not be enough for you. Explore other options, such as seeking expert financial advice or resources that can .
Monthly budget worksheet
Use the free budget worksheet below to see how your spending compares to the 50/30/20 budget guide.
If the budget spreadsheet doesn't suit your needs Try a different tool. Explore other , or download a budget app. If you want a simplified overview, try our .
For other money matters, check out more from NerdWallet.
Are you looking for nerdy information that is tailored to your budget? Put all your money in one view, and get specific information to maximize the value of it.






Author bios: Lauren Schwahn covers consumer credit and loans at NerdWallet. She has also been highlighted on USA Today and The Associated Press.







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