Budget calculator

Advice tool

See where your money goes

Use this tool to get a picture of your income and spending. In less than 30 minutes you can have:

  • a budget summary and a detailed budget breakdown
  • advice and tips
  • a graph showing how your money is balanced

Gather and organise the information you need using our simple, one-page budgeting forms.

  1. You and
    your household
  2. Your income
  3. Housing costs
    and priority spending
  4. Your living
    costs and spending
  5. Budget
    results

Section 1 You and your household

Please add missing information that is highlighted

Your housing

  • Choose the option that fits best to see the housing costs you’ll need to budget for

Your family

  •    
  • Choose from these options to budget only for yourself, or to include others and budget together.

    If you are sharing and want to budget only for yourself, choose single person and remember to include only your share of the household costs.

Stage of life

  • Choose retired or of retirement age to include pensions in your budget

Your partner's stage of life

  • Choose retired or of retirement age – to include pensions in your budget

Next

Section 2 Income

Please add missing information where highlighted


  • For income after tax and national insurance have been paid

Income for children

  • Maintenance is also known as child support – record any you receive here

Household income from benefits

  • Use this section to record income from benefits for everyone included in your budget.

    ESA is also called employment and support allowance.

Income from pensions

Income from pensions
  • Weekly
  • Add other sources of income you haven’t already included – for example, from self employment

Other income

Other income
  • Add other sources of income you haven’t already included – for example, from self employment

Back Next

Section 3 Housing and other priority costs

Please add missing information where highlighted

Housing costs

Do you receive housing benefit?

Who is it paid to?

  • Monthly
  • Monthly
  • It’s important to list all these essential costs – it can be serious if you don’t pay

Priority spending

Don’t worry if this list doesn’t cover everything – you can record missing items later

  • Priority bills are the most important ones to pay – this section is for money you have to pay out

Back Next

Section 4 Household living costs and spending

Please add missing information where highlighted

Just record the payments you have to make to cover your ongoing bills and costs. That way, you’ll be able to see how much you have left to go towards any debts or arrears you may have

Food

Clothing and footwear

Children

Travel

Insurances and pensions

Events

Phones

Health

Leisure

Credit and store cards

People and pets

Other

  • Use this section to record any money you have going out for anything not already listed – for example, tax or national insurance if you are self-employed

Back Get results

Budget results

Budget summary

Your income  
Your outgoings  
Balance  

Your income

  Per month % of monthly income
Your take home wage    
Partner's take home wage    
Tax credits    
Benefits    
Pension    
CIncome for children    
From other adults income    
Other income    
Total income    

Your spending

  Per month % spend of monthly income
Housing costs    
Priority spending    
Food    
Clothing and footwear    
Children    
Travel    
Insurances    
Events    
Phone, internet and TV    
Health    
Leisure    
Credit & store cards    
People and pets    
Other    
Total spending    

Your advice

Do you have debts?

It looks like you’ve got some money spare each month

Your Income

You may be able to make your money go further

Your priority spending

Keep on top of your most important costs

Living costs

Stay on top of day to day costs

Partners and sharing

 

  • Do you share the costs of running the home?

Last updated:

Last updated:

  • Print this page
  • Email this page