Use this free Budget Planner Calculator to create a realistic monthly budget and help you save your money. Add in your income and regular expenses to see your spending and how you can better manage your money.
Organising a budget allows you to plan for the future, understand your spending habits and how much you can save each month. This is a great tool to plan for goals such as purchasing a property, or maybe even your next holiday.
After you set up your budget, you can reference it when continuing to monitor and track your spending. If there is a savings or deposit goal you are seeking, the budget can help you determine where your income is being spent most, and what areas you can maybe reduce some spending in that are not essential.
You first need to determine what the financial goal you are trying to achieve is. For instance, if you are looking to save $25,000 in 12 months, you will need to be able to put aside $2084 ($25,000 divided by 12) every month. The budget calculations help you figure out if based on your current income and spending, is this goal attainable, or will you need to make changes in certain areas like reducing discretionary expenses.
At WeFinance, our team of experienced home loan broker specialists are committed to helping you successfully achieve your best home loan. Whether you are a first home buyer, developer, business owner or an experienced property investor, you can rest assured that with the WeFinance brokers by your side we will always find the right home loan for you.
We Understand Your Needs
As home loan brokers, we understand the importance of finding a home loan that suits your needs. The home loan brokers at WeFinance always ensure we have accurately assessed your goals and aspirations in our initial consultation, enabling us to find the most suitable home loan options available to you.