75/15/10 – Essential Living (Living with the Basics)
The 75/15/10 Essential Living budgeting template is crafted for people who need to focus primarily on their essential living costs. If you’re someone who needs to cover the basics first — like rent, groceries, and utilities — but still want to leave space for occasional enjoyment and small savings, this template offers a practical and stress-free way to manage your finances. It’s perfect for those who want financial clarity without dealing with overly complex budgeting systems.
Who Is This Template For?
This budgeting method is a great fit for:
Individuals who need to ensure survival costs are fully handled before anything else, but still want to set aside a bit for fun and savings.People who are just starting their financial journey, living paycheck to paycheck, or managing a very limited income.Anyone who wants a clear, minimalist budget that covers necessities without promoting excessive spending or complicated plans.
How It Works
The 75/15/10 rule divides your income into three simple parts: 75% for needs, 15% for personal enjoyment, and 10% for savings. It keeps things focused and easy to follow.
75% Needs – Most of your income (three-quarters) is set aside for critical needs like housing, food, transportation, and insurance. It’s about ensuring the foundation of your life is fully funded.15% Wants – You still get to enjoy life. This part of your budget is for small pleasures – hobbies, entertainment, dining out, or anything that brings you joy in moderation.10% Savings – Even if money is tight, saving something is better than nothing. Setting aside 10% helps you gradually build a financial cushion for emergencies or long-term goals.
Why Choose the 75/15/10 Template?
Covers the Essentials First: This method is built to make sure your must-have expenses are fully funded, helping reduce financial stress and anxiety.Balanced Minimalism: While it’s a conservative budget, there’s still a space for things you enjoy and value — without guilt.Savings Mindset: Even small savings matter. With 10% consistently put aside, you’re creating healthy financial habits that will benefit you over time.Simple and Manageable: No need for complex tools or confusing formulas. This is a no-nonsense way to stay in control of your money.
Benefits
Prioritize What Matters Most: Essentials come first, ensuring you always cover the basics.Guilt-Free Enjoyment: The 15% for wants allows room for joy and relaxation without throwing off your budget.Begin Your Savings Journey: Start small but build momentum over time — 10% saved regularly adds up.Clean and Easy Format: Ideal for anyone who wants a clear plan that’s easy to follow and stick with.
Is It Right for You?
If you’re managing a tight budget, starting fresh, or just want to simplify your financial life, the 75/15/10 Essential Living template is a smart place to begin. It helps you live within your means, enjoy life’s small rewards, and build a habit of saving — all without the stress of rigid rules or complicated tracking systems.
With this method, you’ll take care of what matters most, find moments to enjoy, and start laying the groundwork for your future — all with a simple, structured plan that fits your lifestyle.
WHAT’S INCLUDED?
Step-by-step instructions 4 Templates of SpreadsheetsSample Google Sheet with Mock DataBlank Google SheetSample Excel with Mock DataBlank ExcelEditable in Google Sheets and Microsoft ExcelCompatible with MAC, PC, Phones, or Tablets
HOW IT WORKS & REQUIREMENTS
YOU WILL NEED:
A device to access Google Sheets or Microsoft ExcelA Google Account (if using Google Sheets)Microsoft Excel software (if using Excel)Basic computer skills
HOW IT WORKS:
Purchase and download instantly.Open the PDF file to access the Google Sheet link.Download the Excel template.Open the spreadsheet and start planning!
IMPORTANT TO KNOW:
This is a digital download; no physical items will be shipped.Due to the nature of digital products, all sales are final, and refunds are not available.
COLOR DISCLAIMER:
Please note that colors in the spreadsheet may vary slightly due to screen display differences on your device. This can include variations in color on phones, tablets, and computers.
Note: For the best experience, we recommend using a desktop or laptop for full editing capabilities.
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