Where’s it all going?

It’s always a little easier to manage your money when you can see where it’s going. This budget planner calculator will help you keep your finances under control, whether you’re part of a household, or you’re single. You can use it to help manage your finances now, or to estimate how things will pan out when you retire.

However you use it, be realistic. Try to estimate all your income and expenses and ensure the ‘period’ field is correct for each one. Print your budget out as a reminder, and come back to update it when things change.

How does the budget planner work?

The budget planner works by adding up all of your expenses and savings and deducting them from your net income. The result tells you how much money you have, or don’t have, for a particular period of time (weekly, monthly or annually).

Tips for making the most out of your budget

  • Generally speaking, your expenses will go up over time so remember to update your budget regularly.
  • If you’re trying to save money, you’ll need to find ways to cut back on expenses. And the expenses you’re likely to have most influence over are lifestyle extras like eating out, so focus on those.
  • It’s important to have goals. Spend a few minutes thinking about what you want your money to do for you, and track your progress.
  • If you’re spending more than you’re saving, it’s not the end of the world but you might want to take action. Take a closer look at your expenses to see where you can cut back. And if you’re still in the red, it might be time to talk to a Financial Adviser to see what can be done.

Preparing your retirement budget

The earlier you get serious about budgeting, the better off you may be in retirement. That’s because a budget makes you sort out your money priorities and find the right balance between spending and saving, which is pretty important in the lead up to your retirement years.

Regardless of your circumstances, it’s important to look into any Government benefits you could be eligible for and make the most of what’s on offer. They may make a big difference to how far your savings stretch in retirement.


  • Results are only estimates and actual amounts will vary.
  • This calculator converts your income, savings and expenses into annual amounts. It then calculates your surplus income (for you to choose how to spend or invest) or shows how much more you’re spending than earning or saving.

The calculator doesn’t replace personal financial advice and you should seek specific professional advice prior to acting on any information. We also recommend you read our disclaimer.