50/20/30 method

How to Use the 50/20/30 Budgeting Method & Free Budgeting Calculator

How to Use the 50/20/30 Budgeting Method & Free Budgeting Calculator

I remember back a few years ago when I started my new job and decided to create a new budget using an Excel spreadsheet. I thought that there must be a better way than what I was doing. I was estimating amounts for each of my budget categories and then trying to track everything in and out month after month. Not fun! So I started researching budgeting methods and I came across one called the 50/20/30 budget.