50/30/20 RULE Budget System to Track your Money & Finances | Notion Template Tutorial

✨ Get the complete version of this Template! ⬇️ https://theorganizednotebook.com/product/50-30-20-budget-tracker-notion/ Have you heard of the 50/30/20 budget rule? This principle offers an effective strategy for managing your finances: spend 50% on needs, 30% on wants, and set aside 20% for savings or debt repayment. Notion is a great tool to build this system and we can’t wait to show you how it works in this video! 🤍 Subscribe to our channel for the latest tips & templates about productivity & organization. ✨New to Notion / Interested in Notion AI?✨ If you like how Notion AI automates the workflow in our videos or if you're new to Notion you can sign up here through our Link-in-bio: https://bit.ly/organizednotebook ❗Full disclosure: we are a Notion Partner, so when you sign up with my link, you also help support us and our content! ✨Time Stamps✨ 0:00 What is 50/30/20 budget Rule? 0:36 Set up page layout 1:45 Set up Monthly Review database 3:08 Set up income & expenses database 5:10 Create a relations between databases 5:45 Add examples & new views 8:37 Create linked views of both databases in the home page 10:12 Set formulas to show “Total Income” 11:34 Set formulas to show “Remaining Balance” 12:42 Set formulas to show percentage of spending | needs, wants, savings 16:41 Add template for monthly review database 18:04 Add more examples to test the template & final review ✨The Organized Notebook 🗓💼 ✨ Our store: https://theorganizednotebook.com/store/ Our classes: https://theorganizednotebook.com/classes/ Our coaching service: https://theorganizednotebook.com/coaching-service/ Our community: https://www.meetup.com/notion-meetup-group/ ❗️* This video is not sponsored by Notion Copyright 2024. The Organized Notebook © All rights reserved. #notion #notiontemplate #finances @The Organized Notebook