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           MONTHLY BUDGET TRACKER (50/30/20 RULE)
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INSTRUCTIONS:
1. Enter your monthly net income (take-home pay) in the Income section.
2. List all your expenses in the appropriate categories.
3. The template automatically calculates totals and helps you stay within
   the 50/30/20 guideline.
4. Aim for: Needs ≤ 50%, Wants ≤ 30%, Savings/Debt ≥ 20%.

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                           INCOME
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Net Monthly Income (Take-home Pay): £_______________

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                           NEEDS (50% MAXIMUM)
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Rent/Mortgage: £_______________
Council Tax: £_______________
Utilities (Electricity, Gas, Water): £_______________
Groceries: £_______________
Transportation (Fuel, Public Transport, Car Maintenance): £_______________
Minimum Debt Payments: £_______________
Insurance (Health, Home, Car): £_______________
Basic Phone/Internet: £_______________
Essential Medications: £_______________
Childcare (if required for work): £_______________
Other Essentials: £_______________
TOTAL NEEDS: £_______________
Percentage of Income: ________%

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                           WANTS (30% MAXIMUM)
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Dining Out/Takeaways: £_______________
Entertainment (Movies, Concerts, Hobbies): £_______________
Subscriptions (Streaming, Gym, Magazines): £_______________
Shopping (Non-essential clothing, gadgets): £_______________
Travel/Vacations: £_______________
Gifts/Donations: £_______________
Premium Phone/Internet Upgrades: £_______________
Other Wants: £_______________
TOTAL WANTS: £_______________
Percentage of Income: ________%

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                SAVINGS & DEBT REPAYMENT (20% MINIMUM)
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Emergency Fund: £_______________
Retirement Savings (Pension, ISA, etc.): £_______________
Extra Debt Payments (beyond minimums): £_______________
Specific Savings Goals (House deposit, car, etc.): £_______________
Investments (Stocks, Bonds, etc.): £_______________
Other Savings: £_______________
TOTAL SAVINGS & DEBT: £_______________
Percentage of Income: ________%

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                            SUMMARY
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Total Income: £_______________
Total Needs: £_______________ (_______%)
Total Wants: £_______________ (_______%)
Total Savings/Debt: £_______________ (_______%)
Remaining/Unallocated: £_______________ (_______%)

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                       GOALS & TRACKING
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This Month's Primary Financial Goal: _______________________________________
Progress Toward Goal: £_______________ / £_______________ Target

Key Insights This Month:
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Adjustments for Next Month:
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