Michael West Financials · Worksheet
Give every dollar a job.
A budget is just deciding where money goes before it goes there. Start with your monthly take-home, list what you actually spend in each of three piles, and total each one against the 50/30/20 target.
Needs target 50% rent, food, utilities, transport, minimum debt payments
$
$
$
$
Needs total $
Wants target 30% eating out, subscriptions, hobbies, travel
$
$
$
Wants total $
Savings & debt payoff target 20% emergency fund, investing, extra above minimum payments
$
$
$
Savings & debt payoff total $
When you want the math done for you — and remembered between months — the budget builder picks up right here.