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20+ Free Printable Budget Planner Templates

20+ Free Printable Budget Planner Templates

Want to keep track of how much money you make, save, and spend each month? You must have a budget! You’ll need a convenient way to track everything once you’ve made a budget, right? This is where free printable budget planner templates come in!

Before reading:

Are you looking for a budget planner that will help you stay on track with your finances? Look no further! I’ve created a budget planner that is specifically designed to help you organize your expenses and reach your financial goals. It contains 4 unique color schemes and 3 sizes(A4, A5, US Letter). Click here to purchase your own copy today!

budget planner

How do you calculate a monthly budget?

When it comes to budgeting, take-home pay is the only thing that matters. Forget about earnings before taxes. Your take-home pay is the amount of money you have available to spend or save in addition to what you may already be contributing to a retirement account at work.

Include other sources of income, such as social security, disability, pension, child support, regular interest or dividend earnings, and alimony, when computing income. Any money that you get on a regular basis can be considered revenue for your monthly budget.

Here’s how to determine what your monthly take-home income is:

If you are paid biweekly: Double your take-home pay for one paycheck by the number of paychecks in a year, which is 26. Then multiply this figure by 12 to get your monthly income.

If you are paid weekly: Multiply your weekly compensation by the number of weeks in a year: 52. Divide this figure by 12 to calculate your monthly income.

If Your Pay Varies: If your pay varies due to tips, varying hours, and/or commissions, you can still compute an expected monthly income by adding three months of income and dividing by three.

What is the 50-20-30 budget rule?

  • ShutEye Printable Budget Planner
  • ShutEye Printable Budget Planner
  • ShutEye Printable Budget Planner
  • ShutEye Printable Budget Planner
  • ShutEye Printable Budget Planner
  • ShutEye Printable Budget Planner

Budgeting does not have to be difficult, nor should it eat up hours of your time. In fact, the best strategies to budget are frequently the most basic. Take the 50/30/20 rule! The 50/30/20 rule is a simple monthly budgeting approach that advises you how much to put toward savings and living expenses each month.

The 50/30/20 rule is an easy budgeting method that can help you to manage your money effectively, simply and sustainably. The basic rule of thumb is to divide your monthly after-tax income into three spending categories: 50% for needs, 30% for wants and 20% for savings or paying off debt.

The 50/30/20 rule is a great way to solve that age-old riddle and build more structure into your spending habits. It can make it easier to reach your financial goals, whether you’re saving up for a rainy day or working to pay off debt.

By regularly keeping your expenses balanced across these main spending areas, you can put your money to work more efficiently. And with only three major categories to track, you can save yourself the time and stress of digging into the details every time you spend. Check out our time tracking tips to learn more.

Here’s what a budget that adheres to the 50/30/20 rule looks like: 

1. Spend 50% of your money on needs

Simply expressed, needs are unavoidable expenses—payments for all the necessities that would be difficult to survive without. Your most essential costs should be covered by 50% of your after-tax income.

2. Spend 30% of your money on wants

30% of your after-tax income can be used to fund your wants. Wants are non-essential expenses—things you choose to spend your money on despite the fact that you could live without them if you had to.

3. Spend 30% of your money on savings or paying off debt

Free printable budget planner ideas

  • ShutEye Printable Budget Planner
  • ShutEye Printable Budget Planner
  • ShutEye Printable Budget Planner
  • ShutEye Printable Budget Planner
  • ShutEye Printable Budget Planner

How do I start a budget planner?

Follow the steps below as you set up your personalized budget with our free printable budget planner:

1. Make a list of your values. 

Write down what matters to you and then put your values in order.

2. Set your goals.

Write down your goals. Think about what you want to accomplish financially in the next three months, the next year, and the next three years. Use our ideas for the end of year reflection.

3. Determine your income.

Figure your available income (the amount of your take-home, or net, pay). Do not include overtime pay, because you shouldn’t rely on that as regular income.

4. Determine your expenses.

Review your checkbook register, credit card statements, store receipts, and more.  Where is your money really going? “Fixed expenses,” such as a rent, auto, or student loan payments, are easy to determine. “Flexible expenses,” such as food, clothing, and entertainment, vary from month to month. Don’t forget about expenses, such as taxes or insurance, that are billed quarterly, semi-annually, or yearly.

5. Create your budget.

Think of your budget as a “spending plan,” a way to be aware of how much money you have, where it needs to go, and how much, if any, is left over. Your budget should meet your “needs” first, then the “wants” that you can afford. Your expenses should be less than or equal to your total income. If your income is not enough to cover your expenses, adjust your budget (and your spending!) by deciding which expenses can be reduced.

6. Check back periodically.

Be sure to review your budget regularly. Does the plan still meet your needs and help you achieve your goals? If not, make some adjustments or create a new budget that better meets your needs.

Free printable budget planners can be the first step to finally getting your finances straight, If you’re trying to get yourself out of debt then you need to spend time creating a realistic budget and a budget planner is the perfect tool.

printable budget planner

1 comment

Lisa Booth says:
January 14, 2022 at 3:29 am

I would really like to have one to budget

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