6 Free Monthly Budget Printables That Are Proven To Help You Pay Off Debt (2024)

Do you have trouble sticking to a budget? If so, keeping track of your finances with a monthly budget planner can help you pay off your debt, save money, or keep track of your finances.

I paid off $40,000 in debt and now live in financial freedom, even though I once thought it was never possible. I thought I’d be living in debt forever, but it doesn’t have to be that way. You have the power to be intentional with your money save.

The best way to get started is by simply getting started. Don’t put off taking care of your money any longer. You got this.

What is a budget printable?

A budget printable is a blank template that keeps you accountable.

You enter in all of your spending. At the end of every month, you should look over your monthly spending to see where you can save more.

With the #1 printable below, you can even create a savings goal!

FITnancials monthly budget planner

I recently created a free resource librarythat includes monthly budget planners, meal plan templates, and travel checklists.

With this free monthly budget planner, you’ll have a section to write down your goal spending and actual spending.

You’ll be able to keep track of monthly income, rent, cell phone, utilities, internet, cable/Netflix, groceries, credit card, gas, insurance, and more.

You even get to create a monthly savings goal, which makes saving money fun!

College Life Made Easy Budget Printable

This monthly budget printable will help you keep track of your money, including your savings goals, bills, debt, and more.

There are three different printables to choose from.

I especially love the goals section! It’s always good to set goals, so you have something to work towards.

Monthly Budget Printable

6 Free Monthly Budget Printables That Are Proven To Help You Pay Off Debt (1)

Scattered Squrriels Finance Tracking Printable

Scattered Squrriels budget planner contains several different sheets to help you control your finances.

Included is a monthly bill tracker, debt payment tracker, savings tracker, and spending log.

Monthly Budget Printable
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Frugal Mom Eh Monthly Budget Printable

This monthly budget printable comes with an income tracker, bills and fixed expenses tracker, variable expenses, and more.

I love that this printable has extra space to add other bills.

Monthly Budget Printable
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A Spectacle Owl Monthly Budget Printable

This monthly budget printable can help you keep track of your expenses in a more thorough manner.

I also love how this printable has a goals section, and it also lets you track your progress.

Monthly Budget Printable
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Wondermom Wannabe Budget Printable

This fun and creative monthly budget printable can help you keep track of your family’s budget, finances, and savings goals.

Monthly Budget Printable
6 Free Monthly Budget Printables That Are Proven To Help You Pay Off Debt (5)

✨ Related: Lower your bills and save money today with Billshark

Billshark is a MUST for anyone who has a cell phone, cable, internet, or insurance bill and wants to lower their bill.

And trust me, it works because I’ve used it myself on 3 different bills and I’ve saved$290.

Here’s how Billshark works:

  1. Send copies of your bills to Billshark. (I did this by uploading an online PDF of each bill).
  2. Billshark negotiates all of the bills you send in.
  3. You get notified if Billshark was successful. If they are, they take 40% of the savings. Ex. Billshark saved me $290 over the course of 6 months, so I pay them $116. I can do this in a monthly payment plan or all at once.

It’s definitely worth the savings and it was such an easy process.

You can start lowering your bills with Billshark here.

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➡️ What to read next: 30 Ways To Cut Your Spending And Save Thousands Per Year

Don’t forget to sign up for the free resource library and get exclusive access to free printables & planners related to saving and making money, meal planning, and more!

Do you have a monthly budget plan?

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Free Printable Library

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Join 20,000 others and get access to free printables related to achieving financial freedom, starting a side hustle, and other fun goodies!

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Alexis Schroeder

Alexis Schroeder is the CEO and founder of FITnancials.

With budgeting and side hustles, Alexis paid off over $40,000 of debt and made over $100,000 in side hustles in college.

Since starting this website over 10 years ago, Fitnancials has reached over 3,000,000 readers. We’ve been featured on sites like Forbes, Yahoo, Side Hustle School, GOBankingRates, Mint, and many more.

If you want to contact Alexis, please send an email to alexis@fitnancials.com.

6 Free Monthly Budget Printables That Are Proven To Help You Pay Off Debt (2024)

FAQs

What is the 50 30 20 budget tracker? ›

A straightforward financial planning system for those who just want an easy way to plan and keep track of their budget and finances. In the 50/30/20 budget system, 50% of your income is allocated to needs, 30% to wants, and 20% to savings or paying off debt.

What is the 60 20 20 budget? ›

Put 60% of your income towards your needs (including debts), 20% towards your wants, and 20% towards your savings.

What is the best budget for debt? ›

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 has plenty of budget templates and spreadsheets to choose from, and unlike Microsoft Office, it's free with your Gmail account. If you love looking at the numbers and tracking every last penny, then a Google Sheets budget spreadsheet will be perfect for you.

What is the 5030 rule? ›

The 50-30-20 rule recommends putting 50% of your money toward needs, 30% toward wants, and 20% toward savings. The savings category also includes money you will need to realize your future goals.

What is the 50 30 20 rule for 10000? ›

Now, as per the rule, the person will be spending 50% on the needs which is equivalent to 10,000 rupees. The person will spend 30% on 'wants' which will be 6,000 rupees. Now, the remaining amount will be saved, that is 4,000 rupees. As a fresher, this saved amount will equate to 48,000 rupees annually.

What is the 70/20/10 rule money? ›

The 70-20-10 budget formula divides your after-tax income into three buckets: 70% for living expenses, 20% for savings and debt, and 10% for additional savings and donations. By allocating your available income into these three distinct categories, you can better manage your money on a daily basis.

What is the 80-10-10 rule? ›

When following the 10-10-80 rule, you take your income and divide it into three parts: 10% goes into your savings, and the other 10% is given away, either as charitable donations or to help others. The remaining 80% is yours to live on, and you can spend it on bills, groceries, Netflix subscriptions, etc.

What is the 80 20 plan money? ›

YOUR BUDGET

The 80/20 budget is a simpler version of it. Using the 80/20 budgeting method, 80% of your income goes toward monthly expenses and spending, while the other 20% goes toward savings and investments.

How to aggressively pay off debt? ›

Make debt payments beyond the minimum.

Making more than your required minimum payment can help you pay off debts more quickly and save money in interest charges. Earmark unanticipated funds, such as your tax return or a bonus, for debt payments.

How to pay off debt when you are broke? ›

How to get out of debt when you have no money
  1. Step 1: Stop taking on new debt. ...
  2. Step 2: Determine how much you owe. ...
  3. Step 3: Create a budget. ...
  4. Step 4: Pay off the smallest debts first. ...
  5. Step 5: Start tackling larger debts. ...
  6. Step 6: Look for ways to earn extra money. ...
  7. Step 7: Boost your credit scores.
Dec 5, 2023

How to make a spreadsheet to pay off debt? ›

To create a debt payoff calculator in Excel, you can start by setting up a spreadsheet with the necessary columns. First, create columns for the name of each debt, the current balance, the interest rate, and the minimum monthly payment. Then, add additional columns for extra monthly payments and the remaining balance.

What is the number 1 free budget app? ›

The best budgeting apps, ranked*
RankingPlatform nameMobile app availability
1Rocket MoneyBoth iOS and Android
2SimplifiBoth iOS and Android
3YNABBoth iOS and Android
4Monarch MoneyBoth iOS and Android
10 more rows
Feb 23, 2024

How do you budget with no money? ›

Budgeting When You're Broke
  1. Avoid Immediate Disasters. ...
  2. Review Credit Card Payments and Due Dates. ...
  3. Prioritizing Bills. ...
  4. Ignore the 10% Savings Rule, For Now. ...
  5. Review Your Past Month's Spending. ...
  6. Negotiate Credit Card Interest Rates. ...
  7. Eliminate Unnecessary Expenses. ...
  8. Journal New Budget for One Month.

How do you stick to a 50 30 20 budget? ›

Here's what a budget that adheres to the 50/30/20 rule looks like:
  1. Spend 50% of your money on needs. ...
  2. Spend 30% of your money on wants. ...
  3. Stash 20% of your money for savings. ...
  4. Calculate your after-tax income. ...
  5. Categorize your spending for the past month. ...
  6. Evaluate and adjust your spending to match the 50/30/20 rule.
Aug 12, 2022

How to make a 50/30/20 spreadsheet? ›

Sections of the 50 30 20 budget template.
  1. Needs: 50% Half of your earnings should go toward the things you need. ...
  2. Wants: 30% Life isn't all about needs and savings. ...
  3. Savings: 20% The last category in a 50 30 20 budget is for savings. ...
  4. Additional resources.

What are the three categories to which the numbers in the 50 30 20 budgeting plan refer? ›

Using them, you allocate your monthly after-tax income to the three categories: 50% to “needs,” 30% to “wants,” and 20% to saving for your financial goals. Your percentages may need to be adjusted based on your personal circ*mstances and goals.

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