Should I use monthly or fortnightly?

Use whichever matches when you get paid. If you're paid fortnightly, select Fortnightly and enter your take-home per fortnight; we convert to monthly for comparison.

What if I'm over budget?

Look at the breakdown and trim non-essential categories, or find ways to increase income. Even small cuts add up.

Monthly Budget Calculator

Split your income into spending categories and see if you have a surplus or shortfall.

Enter your income (monthly or fortnightly) and add categories like rent, bills, groceries and savings. We’ll show total allocated, surplus or shortfall, and a breakdown by category.

Monthly Budget

Income vs spending categories. All amounts per month (or we convert from fortnightly).

Pay period

Income per month ($)

Categories

CategoryAmount ($)

Summary

Monthly income vs total allocated to categories

Monthly income

$6,000

Total allocated

$3,800

Surplus

$2,200

Left over after allocated spending.

Breakdown by category

Amount and share of income

Rent$1,800(30%)
Bills$400(7%)
Groceries$600(10%)
Transport$300(5%)
Savings$500(8%)
Other$200(3%)

Estimate only. Use as a guide to see where your money goes and whether you have room to save.

How to Use This Calculator

1Choose pay period (monthly or fortnightly) and enter your income
2Edit the preset categories or add your own (rent, bills, groceries, savings, etc.)
3Enter the amount you allocate to each category per month
4See your total allocated, surplus or shortfall, and breakdown by category

What Is a Monthly Budget?

A monthly budget is a plan that divides your income into spending and saving categories. It helps you see where your money goes and whether you are living within your means.

Comparing income to category totals shows if you have a surplus (money left over) or a shortfall (spending more than you earn).

Why Budget by Category?

Visibility: You see exactly how much goes to rent, bills, food, transport and savings.
Surplus vs shortfall: Knowing if you are over or under helps you adjust spending or income.
Savings as a category: Treating savings as a fixed category helps you pay yourself first.

Budgeting Tips