What is 80/10/10 Budget Spreadsheet Template?
Stay in control of your finances with the 80/10/10 Budget Spreadsheet Template for Excel & Google Sheets. This template helps you allocate 80% of your income to living expenses, 10% for savings, and 10% for investments, ensuring a sustainable financial plan.
Problem
Users are trying to manage their finances manually or through simple templates, which may not provide an efficient breakdown of budget allocation. The drawbacks of this old situation include lacking a structured approach to distribute income efficiently, potentially leading to financial mismanagement.
Solution
An Excel & Google Sheets budget tool that allows users to allocate 80% of their income to living expenses, 10% for savings, and 10% for investments, ensuring a sustainable financial plan. Users can use this template to precisely plan and monitor their budget.
Customers
Individuals, especially young professionals and financially-conscious people who are seeking to improve their financial management habits, including specific roles like financial advisors and personal finance educators.
Unique Features
The 80/10/10 allocation model is simple yet comprehensive, allowing for straightforward implementation of financial discipline and long-term financial planning.
User Comments
Users find the template useful for maintaining financial discipline.
The 80/10/10 model is appreciated for its simplicity.
The template is praised for ease of use in Excel and Google Sheets.
Some users wish for integration with other financial tools.
Customizability of the template is a highlight for users.
Traction
The template has been featured on ProductHunt and is available for download for Excel and Google Sheets users, indicating a targeted user base interested in structured financial planning.
Market Size
The personal finance software market is projected to reach approximately $1.57 billion by 2027, indicating a growing demand for budgeting and financial planning tools.
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