by Tara Blaine

Simple Budget Templates

Time to get totally mathematical (without doing any actual math—we’ve got that part covered)! Check out these Simple monthly budget templates for three of the most popular approaches: the 50/30/20 budget, envelope budgeting, and zero-based budgeting.
Simple Budget Templates

Ready to get down to the nitty-gritty of budgeting? We’ve put together some Simple monthly templates to help you build your money-management plans. Just choose the budget strategy that’s right for you and fill in the spreadsheet with your income and expenses.

Not sure which approach is best? No worries! These Simple personal budget templates do the math for you, so it’s easy to check out different strategies and see what appeals to you. Plus, the accompanying guides below walk you through the process and show you some handy personal budget examples, too.

50/30/20 budget template

Split up your monthly income among three categories: 50% for needs, 30% for wants, and 20% for savings and debt.

The 50/30/20 strategy can be a good approach if you:

  • Are new to budgeting
  • Need a lot of flexibility in your budget
  • Want to focus on saving up or paying down debt
  • Have a variable income from month to month

Envelope budget template

Make literal (or digital) envelopes for every monthly expense. Fill them with your money, then spend from them until they’re empty!

You might like envelope budgeting if you:

  • Use cash for a lot of your spending
  • Are budgeting with a partner or for your family
  • Have income from multiple sources
  • Want a combo of flexibility and pre-planning

Zero-based budget template

Plan exactly how you’ll spend or save every dollar you earn. Track your spending closely—the goal is to get to $0 every month!

A zero-based budget might be up your alley if you:

  • Want to get your spending habits in check
  • Live on a fixed income with little wiggle room
  • Nerd out on financial planning (we sure do!)
  • Want to maximize your budget control

Make it automatic with Simple!

Everyone has a different budgeting style; that’s why we’ve made a few different Simple personal budget templates for you to try out. Whichever budgeting strategy you choose, your Simple Account can set aside the funds you need and track your spending—automatically!

Once you build your plan with one of the Simple monthly budget templates above, here’s how to easily put it into your Simple Account:

Pro tip: Open a Protected Goals Account to stash longer-term savings so your money earns interest!

You’ve got all the tools to put your money-management aspirations into action—ready to get started?

Apply now to start banking and budgeting with Simple!

Disclaimer: Hey! Welcome to our disclaimer. Here’s what you need to know to safely consume this blog post: We do our best to make sure information is accurate as of the date of publication, but things do change quickly sometimes. Any outbound links in this post will take you away from, to external sites in the wilds of the internet; neither Simple nor our partner bank, BBVA USA, endorse any linked-to websites; and we didn’t pay/barter with/bribe anyone to appear in this post. Individual situations will differ; consult your favorite finance, tax or legal professional for specific advice. And as much as we wish we could control the cost of things, any prices in this article are just estimates. Actual prices are up to retailers, manufacturers, and other people who’ve been granted magical powers over digits and dollar signs.

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