Source: MoneySmart
Open the original Budget planner on MoneySmart
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Budget planner
Build a fuller picture of your household budget by mapping income, bills, everyday costs and savings in one place. Use it when you want more detail than a simple income-versus-expenses snapshot.
Best for
- Looking across all major spending categories at once
- Checking whether savings goals fit inside your budget
- Seeing which categories take the largest share of your money
Budget inputs
Enter the amounts you actually use, then view the whole budget in a single summary period.
Income
Money coming in+$4,500
Normalized
$3,000
Normalized
$1,500
Normalized
$0
Normalized
$0
Normalized
$0
Normalized
$0
Normalized
$0
Normalized
$0
Home & utilities
Money going out+$547
Normalized
$217
Normalized
$0
Normalized
$0
Normalized
$0
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$0
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$120
Normalized
$45
Normalized
$30
Normalized
$80
Normalized
$0
Normalized
$0
Normalized
$55
Normalized
$0
Insurance & financial
Money going out+$500
Normalized
$0
Normalized
$0
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$0
Normalized
$0
Normalized
$0
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$0
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$0
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$0
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$500
Normalized
$0
Normalized
$0
Normalized
$0
Groceries
Money going out+$1,083
Normalized
$1,083
Normalized
$0
Normalized
$0
Normalized
$0
Normalized
$0
Normalized
$0
Normalized
$0
Personal & medical
Money going out+$90
Normalized
$0
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$0
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$0
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$0
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$0
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$0
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$0
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$90
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$0
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$0
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$0
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$0
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$0
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$0
Entertainment & eat-out
Money going out+$100
Normalized
$0
Normalized
$0
Normalized
$0
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$0
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$0
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$0
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$0
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$0
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$0
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$0
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$100
Normalized
$0
Normalized
$0
Transport & auto
Money going out+$75
Normalized
$0
Normalized
$75
Normalized
$0
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$0
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$0
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$0
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$0
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$0
Children
Money going out+$0
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$0
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$0
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$0
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$0
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$0
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$0
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$0
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$0
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$0
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$0
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$0
Results
Everything below is normalized to monthly budget.
This monthly budget view shows $4,500 of income and $2,395 of expenses, leaving +$2,105.
Congratulations. Your budget is in surplus.
Expense mix
Share of total expenses- Groceries45.2 %$1,083
- Home & utilities22.8 %$547
- Insurance & financial20.9 %$500
- Entertainment & eat-out4.2 %$100
- Personal & medical3.8 %$90
- Transport & auto3.1 %$75
What stands out
- Large housing and transport costs can make the rest of the budget feel tighter than expected.
- If savings or debt repayments are low, you may have less room to absorb rate rises or surprise costs.
- The largest spending category is usually the best place to start if you need to free up cashflow.
How these estimates work
- Each line is converted into the summary period you selected, such as weekly or monthly.
- Income adds to the budget total, while every spending category reduces it.
- Only positive values count toward totals and the ready-for-review prompt.
- You will get the clearest picture once you have added at least one income line and several expense lines.
Banking and budgeting
More tools beyond Budget planner
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Estimate how much you could save, how long a target may take, or the monthly amount you need.
Simple money manager
Check whether money coming in is covering money going out over your chosen period.
Account-based pension calculator
Model withdrawals, minimum pension payments and how long a balance may last.
Credit card calculator
Estimate payoff time, total interest and the impact of paying more than the minimum.
Employer contributions calculator
Estimate compulsory employer super contributions from your income and work pattern.
GST calculator
Add GST, remove GST, and compare before-tax and after-tax prices in seconds.
Income tax calculator
Estimate tax, Medicare levy and take-home pay from your income inputs.
Interest-free deal calculator
Measure the true cost of an interest-free purchase once fees and repayment windows are included.
Interest-only mortgage calculator
See repayments during the interest-only period and what changes afterward.