Printable worksheet

← Back to the 50/30/20 Budget Calculator

In the print window, choose “Save as PDF” as the printer (or print it on paper). Seed 1 rebuilds this exact sheet.

50/30/20 Budget worksheet

Grade 6 · CCSS 6.RP.A.3.c

Solve each problem and show your work. Round answers to 2 decimal places where needed.

1.
Problem 1.
- Take-home pay (after tax): $4,500 per month
Find: Needs (50%) per month
Answer
2.
Problem 2.
- Take-home pay (after tax): $5,500 per month
Find: Needs (50%) per month
Answer
3.
Problem 3.
- Take-home pay (after tax): $3,700 per month
Find: Needs (50%) per month
Answer
4.
Problem 4.
- Take-home pay (after tax): $4,000 per month
Find: Needs (50%) per month
Answer
5.
Problem 5.
- Take-home pay (after tax): $3,200 per month
Find: Needs (50%) per month
Answer
6.
Problem 6.
- Take-home pay (after tax): $5,200 per month
Find: Needs (50%) per month
Answer
7.
Problem 7.
- Take-home pay (after tax): $5,600 per month
Find: Needs (50%) per month
Answer
8.
Problem 8.
- Take-home pay (after tax): $4,250 per month
Find: Needs (50%) per month
Answer
9.
Problem 9.
- Take-home pay (after tax): $3,750 per month
Find: Needs (50%) per month
Answer
10.
Problem 10.
- Take-home pay (after tax): $3,950 per month
Find: Needs (50%) per month
Answer

Answer key: 50/30/20 Budget worksheet

1. Needs (50%) per month: $2,250.00
1. Half your take-home pay goes to needs, the bills you can't skip
  $$4,500.00 \times 50%$ $= $2,250.00$
2. 30% goes to wants, the extras that make life enjoyable
  $$4,500.00 \times 30%$ $= $1,350.00$
3. The last 20% goes to savings and extra debt payments, for your future
  $$4,500.00 \times 20%$ $= $900.00$
2. Needs (50%) per month: $2,750.00
1. Half your take-home pay goes to needs, the bills you can't skip
  $$5,500.00 \times 50%$ $= $2,750.00$
2. 30% goes to wants, the extras that make life enjoyable
  $$5,500.00 \times 30%$ $= $1,650.00$
3. The last 20% goes to savings and extra debt payments, for your future
  $$5,500.00 \times 20%$ $= $1,100.00$
3. Needs (50%) per month: $1,850.00
1. Half your take-home pay goes to needs, the bills you can't skip
  $$3,700.00 \times 50%$ $= $1,850.00$
2. 30% goes to wants, the extras that make life enjoyable
  $$3,700.00 \times 30%$ $= $1,110.00$
3. The last 20% goes to savings and extra debt payments, for your future
  $$3,700.00 \times 20%$ $= $740.00$
4. Needs (50%) per month: $2,000.00
1. Half your take-home pay goes to needs, the bills you can't skip
  $$4,000.00 \times 50%$ $= $2,000.00$
2. 30% goes to wants, the extras that make life enjoyable
  $$4,000.00 \times 30%$ $= $1,200.00$
3. The last 20% goes to savings and extra debt payments, for your future
  $$4,000.00 \times 20%$ $= $800.00$
5. Needs (50%) per month: $1,600.00
1. Half your take-home pay goes to needs, the bills you can't skip
  $$3,200.00 \times 50%$ $= $1,600.00$
2. 30% goes to wants, the extras that make life enjoyable
  $$3,200.00 \times 30%$ $= $960.00$
3. The last 20% goes to savings and extra debt payments, for your future
  $$3,200.00 \times 20%$ $= $640.00$
6. Needs (50%) per month: $2,600.00
1. Half your take-home pay goes to needs, the bills you can't skip
  $$5,200.00 \times 50%$ $= $2,600.00$
2. 30% goes to wants, the extras that make life enjoyable
  $$5,200.00 \times 30%$ $= $1,560.00$
3. The last 20% goes to savings and extra debt payments, for your future
  $$5,200.00 \times 20%$ $= $1,040.00$
7. Needs (50%) per month: $2,800.00
1. Half your take-home pay goes to needs, the bills you can't skip
  $$5,600.00 \times 50%$ $= $2,800.00$
2. 30% goes to wants, the extras that make life enjoyable
  $$5,600.00 \times 30%$ $= $1,680.00$
3. The last 20% goes to savings and extra debt payments, for your future
  $$5,600.00 \times 20%$ $= $1,120.00$
8. Needs (50%) per month: $2,125.00
1. Half your take-home pay goes to needs, the bills you can't skip
  $$4,250.00 \times 50%$ $= $2,125.00$
2. 30% goes to wants, the extras that make life enjoyable
  $$4,250.00 \times 30%$ $= $1,275.00$
3. The last 20% goes to savings and extra debt payments, for your future
  $$4,250.00 \times 20%$ $= $850.00$
9. Needs (50%) per month: $1,875.00
1. Half your take-home pay goes to needs, the bills you can't skip
  $$3,750.00 \times 50%$ $= $1,875.00$
2. 30% goes to wants, the extras that make life enjoyable
  $$3,750.00 \times 30%$ $= $1,125.00$
3. The last 20% goes to savings and extra debt payments, for your future
  $$3,750.00 \times 20%$ $= $750.00$
10. Needs (50%) per month: $1,975.00
1. Half your take-home pay goes to needs, the bills you can't skip
  $$3,950.00 \times 50%$ $= $1,975.00$
2. 30% goes to wants, the extras that make life enjoyable
  $$3,950.00 \times 30%$ $= $1,185.00$
3. The last 20% goes to savings and extra debt payments, for your future
  $$3,950.00 \times 20%$ $= $790.00$