Use NerdWallet's free template to make a budget that aligns with the 50/30/20 spending rule. A budget can show you where your money is going so you can make changes if needed.

Creating an effective monthly budget is crucial for financial stability and growth. By understanding the 50/30/20 rule and utilizing modern budgeting tools, you can take control of your finances.

Focus on managing your budget, not creating a spreadsheet to do so. For a great start, check out these best Excel budget templates for most any type of budget.

We picked our favorite free budget spreadsheets, including tools from Microsoft and our own 50/30/20 worksheet. Find the best fit for your needs.