Budget Tool
Organise personal finances with editable income streams, spending categories and payment frequencies. Set savings contributions, emergency buffers and targets, then review budget allocations, cash flow, spending breakdowns and projected savings through responsive visuals and downloadable reports.
| Source | Amount | Frequency |
|---|
| Category | Amount | Frequency |
|---|
| Category | Amount | % of income | Share of spending |
|---|
Table of Contents
Highlights
- Add multiple income streams and detailed spending categories.
- Choose weekly, fortnightly, monthly or yearly budget periods.
- View an interactive allocation chart and category breakdown.
- Track savings goals with a projected balance chart.
- Export summaries, detailed data, JSON or chart images.
How Budget Tool Works?
Enter each income and expense with its payment frequency. Amounts are normalised to a monthly basis, so weekly, fortnightly, monthly and yearly transactions can be compared. Choose a budget period to display the corresponding amounts.
| Payment frequency | Monthly factor (f) |
|---|---|
| Weekly | 52 ÷ 12 |
| Fortnightly | 26 ÷ 12 |
| Monthly | 1 |
| Yearly | 1 ÷ 12 |
The available balance is what remains after spending, the planned savings contribution and the emergency buffer are deducted from income. Savings and buffer inputs are entered per selected budget period, then normalised monthly before the calculation.
The savings goal panel compares starting savings with the target and estimates the whole number of months needed using only the planned monthly savings contribution. The projection chart uses a straight-line savings balance, while the yearly net cash flow equals twelve times the monthly available balance.
The category table reports each expense as a percentage of income and as a share of total spending. The tool also displays spending and savings rates, and groups preset essential categories into needs versus wants.
Practical Use Cases
Employees: Combine salary and occasional side income with regular bills to identify the amount available after planned savings and an emergency buffer.
Freelancers: Add several income streams with differing payment frequencies and review whether expected earnings cover recurring costs.
Students: Compare rent, groceries, transport and subscriptions against part-time earnings, then adjust the savings contribution to maintain a workable balance.
Families: Group housing, childcare, insurance and everyday expenses to understand spending priorities and review the needs-versus-wants split.
Savers: Enter a starting balance, goal and regular contribution to see goal progress, an estimated time to target and a 6-, 12-, 24- or 36-month projection.
Accuracy and Limitations
Results use the amounts you enter, fixed annual frequency factors (52 weeks or 26 fortnights) and a 12-month year. The savings projection assumes unchanged contributions and does not include interest, investment returns, inflation, taxes or irregular future changes. The goal date uses planned contributions only, not unallocated cash or the emergency buffer. Needs and wants are assigned by predefined category labels and may not reflect your circumstances; a negative available balance signals a shortfall rather than adjusting allocations automatically. Figures are rounded for display.
