Online Calculators since 2009
We have updated the interface for the Household Budget Calculator after requests for an easier way to enter the details using a tablet and/or mobile device. You are welcome to use the original version here, alternatively you can use our New Household Budget Calculator. Thank you to all members of our community who provided feedback to refine this tool
The Household Budget Calculator allows you to track your monthly household income and expenditure and keep an eye on your household cash flow effectively.
Saving money and household budgeting begins with understanding how much money you have coming in (your household income) and how much money you have going out (your household expenditure).
Use the budget calculator to see where your money goes. Simply complete each separate household element, starting with your income. Click on the plus icon to enter your income and bills. The calculator will produce a total overview and includes a pie chart to show how your income is split across your various outgoing. Once complete you can email the household budget calculation to yourself and/or your spouse for easy reference.
You can jump to each separate budget element by clicking on the title in the main results. Please contact us if you would like us to add to or edit any information on our Household Budget Calculator.
Once you have worked out your monthly household budget, use the Savings Calculator to see how much you could save for a rainy day or special event.
Having a positive household cash flow is essential for a healthy and stress free life. People worry about money and paying the bills more than anything else. That worry can easily turn into stress if you don't manage your monthly household cash flow effectively.
It is easy to bury your head in the sand and ignore your finances and pretend the bills don't exist but this only leads to further stress and sleepless nights. Start budgeting now, use the household budget calculator, email yourself the illustration then check back in a month or two to compare how your income and bill / credit management has changed.
Increasing your monthly income and spare cash starts now, follow these simple steps but remember, you will only improve your cash flow and reduce your money stress if you are positive and stick to the plan.
During economic pressures it is not unusual for individuals and families to cut back on the amount of insurance cover they have. That's not surprising as most start thinking and living in the 'now' and have little time for financial planning for the future.
As the economy improves and you get a firmer grip on your household budget it is essential that you review what household insurances you have and ensure you have sufficient cover should the worst case scenario happen. If you have spare cash after completing the Household Budget Calculation, start saving and consider/review your insurance cover.
As food for thought, ensuring you have sufficient life insurance cover:
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