What is the 50/30/20 budget rule?

The 50-30-20 rule involves splitting your after-tax income into three categories of spending: 50% goes to needs, 30% goes to wants, and 20% goes to savings. U.S. Sen. Elizabeth Warren popularized the 50-20-30 budget rule in her book, "All Your Worth: The Ultimate Lifetime Money Plan."

How do I create a monthly budget template?

Here's how to make a budget spreadsheet, plus how to stick to your new budget. Choose a Budget Template. Calculate Your Income. Categorize Your Expenses. Decide How Often to Update Your Budget. Enter Your Numbers. Maintain and Stick to Your Budget.

How to make a monthly budget for a home?

Start by determining your take-home (net) income, then take a pulse on your current spending. Finally, apply the 50/30/20 budget principles: 50% toward needs, 30% toward wants and 20% toward savings and debt repayment.

What is a realistic budget for buying a house?

One way to calculate your home buying budget is to use the 28% rule. This rule states that your mortgage should not cost you more than 28% of your gross earnings each month.

What is a realistic monthly budget?

We recommend the 50/30/20 system, which splits your income across three major categories: 50% goes to necessities, 30% to wants and 20% to savings and debt repayment.

Is there a free budget template?

Google Sheets' native free monthly budget template is a user-friendly income and expense tracker. It allows you to plan and track your expenses every month, ensuring you stay on top of your financial goals.

How to budget $1,000 a month?

If you're trying to live on $1,000 a month, needs should likely take priority over wants. One good budget plan can be the 50/30/20 rule, which allocates 50% of one's take-home pay to needs, 30% to wants, and 20% to savings.

Home
Functionality index

Organize finances with precision using Home Monthly Budget Template generator tool

Drop document here to upload

Up to 100 MB for PDF and up to 25 MB for DOC, DOCX, RTF, PPT, PPTX, JPEG, PNG, JFIF, XLS, XLSX or TXT

Based on 12500+ reviews

Last updated on Dec 30, 2025

Document creation is just the beginning

Learn more about security

Create and edit documents with a trusted solution

Try easy-to-use tools for all your document management needs.

Upload your document

pdfFiller scores top ratings on review platforms

so far so good. Not the easiest to find document while logged in. I find I have to do a search on the document from a web browser to get to it. PFDfiller couldn't find the doc from within the app.

Anonymous Customer

What do you like best?
I like that you can save the template for a certificate of insurance or an application and send it out that way. It still saves it as new but also creates the new Document.
What do you dislike?
The same feature that I love so much, isn’t quite as easy to navigate on the App. It’s super easy on the full online version though.
What problems are you solving with the product? What benefits have you realized?
Super easy to use on the go with the App access. I live that part of it.

J.D. Rex

Easy to use! I found the system very easy to use and have only scratched the surface. Converting documents to an editable form was easy to do and the system made it easy to find available PDF or other formatted versions online. Saving different versions or templates was a bit of a challenge but that was easily remedied.

Harold S.

GREAT PRODUCT This program is easier to navigate than the Adobe PDF program. I have used it for many forms that are not fillable and it looks a million times better than my handwriting!!

Victoria Macaluso

Tolles Programm für das Bearbeiten von PDF. Diese Software ist durch seine leichte Funktionsweise, ein tolles und hilfreiches Programm, um PDF-Dateien zu bearbeiten. Es hat alle Funktionen, die ich dafür benötige. Die Zeit der Gratisversion ist etwas zu kurz.

Alexa L.

This company is the best, I have been using it since 2012 and love it, so easy to use, saves me so much time when filling out documents and everyone is super friendly with amazing costumer service!!! Thanks PDFFILLER !!!!

Carlos Simoes

Show more Show less

Watch pdfFiller eSignatures in action

Check out a quick video tutorial that shows how to create and place your signature or send a document for signing.

Related features

List of extra features

FAQs

If you can't find what you're looking for, please contact us anytime!

Contact Support

Create and edit documents with a trusted solution

Try easy-to-use tools for all your document management needs.

Upload your document

Organize finances with precision using Home Monthly Budget Template generator tool

Document creation is just the beginning

Create and edit documents with a trusted solution

pdfFiller scores top ratings on review platforms

Watch pdfFiller eSignatures in action

Related features

Related searches

List of extra features

FAQs

Create and edit documents with a trusted solution