Get unlimited access to 5000+ Templates for Google Docs, Slides and Sheets
Unlimited Access
ADVERTISEMENT
ADVERTISEMENT

50/30/20 Family Budget Planner

Use this free template with Google Sheets and Microsoft Excel

4.25 (1 reviews)
Last updated Updated July 9, 2026
Created by Natalia Prokhorenko
Type 50/30/20
ADVERTISEMENT

Template Specification

Format Google Sheets, Microsoft Excel
Created July 25, 2025
Last Updated July 9, 2026
Community Added to collections by 32 Users
Usage Stats 176 downloads this month

Key Features of This Template

Suitable For Family

About this template

Our easy-to-use yet effective 50/30/20 Family Budget Planner template is now available for free in Google Sheets and Excel. This household budget template allows you to enter your total salary and correctly allocate expenses across three classes: needs, wants, and savings.

50/30/20 Budget Template for Smart Spending

The beauty of this 50/30/20 budget template in Google Sheets is that you don't have to create anything from scratch. On the Setup sheet, you select your needs, wants, and savings categories. To rename them, simply click on a placeholder and enter a new title. On the next sheet, Transaction Log, you enter all your expenses by selecting the section and category from the drop-down list. On the third sheet, Budget, you only need to enter your total income.

Once all the data is entered, the template will automatically calculate your budget and display information on all expense categories for the financial period, along with their amounts. Charts will also show how much money is left and the difference between planned and actual expenses. An additional pie chart will display a comparison of your needs, wants, and savings.

Get the best budgeting spreadsheet for any task on our website.

ADVERTISEMENT
Free Template

Download Free Template

Choose your platform and start editing right away
PLATFORM

Google Sheets

Opens in browser

Microsoft Excel

.xlsx
PAPER SIZE
A4
US Letter
Google Sheets – A4
No account required • Attribution required

WHAT’S INCLUDED

3 tabs: income, needs, savings
Automatic calculations and updates
Customizable categories for expenses
Charts: expense breakdown visualization

Budget Tips

1
Update your budget weekly for accuracy.
2
Customize categories to fit your lifestyle.
3
Analyze spending patterns monthly to adjust goals.
4
Ensure total income is updated regularly.

FAQ

Is this template compatible with Excel? Yes, it works with both Google Sheets and Excel.
How easy is it to use? It's designed for simplicity with user-friendly features.
Can I customize the categories? Yes, all categories can be tailored to your needs.
Is this template free to use? Yes, it's completely free to download and use.
What is the 50/30/20 rule? It allocates 50% to needs, 30% to wants, and 20% to savings.
ADVERTISEMENT

How to Use and Edit This Template

Get Your Document
1

Get Your Document

Click the "Edit Template" button to create your own editable copy in Google Sheets or download for Microsoft Excel
Customize Everything
2

Customize Everything

Easily change colors, fonts, and layouts to match your unique style or brand identity
Add Your Content
3

Add Your Content

Fill in your data, upload images, and replace the placeholder text with your own information
Print, Export, or Share
4

Print, Export, or Share

Print, export as PDF, or share instantly

Related Templates

Recently Viewed