What's the 50/30/20 rule?

A common budgeting split: 50% of income to needs, 30% to wants, 20% to savings and debt payoff. It's a starting point, not a rule everyone needs to follow exactly.

How many categories fit on one sheet?

10 rows, enough to cover most paycheck allocation plans.

Free Paycheck Allocation Worksheet Printable

Decide where each paycheck goes before it arrives. Assign a percentage or dollar amount per category so every dollar has a job.

Paycheck Allocation Worksheet
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Category	% of Paycheck	Dollar Amount

How to Use This Printable

List your spending categories.
Assign a percentage of your paycheck to each, a common starting split is 50% needs, 30% wants, 20% savings.
Convert each percentage to a dollar amount based on your actual paycheck.
Adjust the split next pay period if something didn't fit.

Ideas for Using This Printable

Use a well-known split like 50/30/20 as a starting point, then adjust to fit your situation.
Fill this out fresh each payday rather than assuming last time's numbers still apply.
Pair with the Monthly Budget Planner for the category-level detail once money is allocated.

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FAQ

What's the 50/30/20 rule?: A common budgeting split: 50% of income to needs, 30% to wants, 20% to savings and debt payoff. It's a starting point, not a rule everyone needs to follow exactly.
How many categories fit on one sheet?: 10 rows, enough to cover most paycheck allocation plans.