✅ Fact checked
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🗓️ Updated: April 2026
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✍️ FinSight Editorial Team
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⚡ Free to use — no signup required
Free Australian Budget Tool
Monthly Budget Planner
Enter your income and expenses to see exactly where your money goes each month. Includes personalised tips to improve your financial position.
💰 Monthly Income
$0🏠 Housing
$0🚗 Transport
$0🛒 Daily Living
$0📈 Financial
$0🎯 Lifestyle & Other
$0📊 Your Monthly Budget Summary
Total Income
Total Expenses
Savings Rate
Breakdown by category:
The 50/30/20 Budget Rule
A popular budgeting framework recommends spending no more than 50% of after-tax income on needs (housing, food, transport), 30% on wants (lifestyle, entertainment), and saving at least 20%. Use this calculator to see how your current spending compares.
50%
Needs
Housing, food, transport
Housing, food, transport
30%
Wants
Lifestyle, entertainment
Lifestyle, entertainment
20%
Savings
Investments, emergency fund
Investments, emergency fund
Disclaimer: This budget planner is for general informational purposes only. Results are based on the figures you enter and do not constitute financial advice.