Merit Financial Services

Budget Calculator

✓ Saved

Fill in what applies to you — leave the rest at $0. Use the dropdown next to each item to set whether it's a weekly, fortnightly, monthly, or annual amount. Everything is automatically converted to annual figures.

💾 Your progress is saved automatically in your browser.

📥 Import Bank Statement
📄
Drag & drop your bank statement CSV here
or browse files
🔒 Your data never leaves your device — all processing happens in your browser
Processing transactions...
💰 Income
Total Household Income$0$0/month
🏠 Fixed Expenses
Total Fixed Expenses$0$0/month
🛒 Variable Expenses
Total Variable Expenses$0$0/month
💳 Debt Repayments
Total Debt Repayments$0$0/month
📊 Expense Breakdown

💡 The 50/30/20 Rule — How Do You Compare?

A common guideline suggests: 50% needs (fixed expenses + debt), 30% wants (variable expenses), 20% savings. Here's how your budget stacks up:

Your breakdown:

50/30/20 guideline:

50%
30%
20%
Needs (fixed + debt) Wants (variable) Savings / Surplus

Done? Send your total expenses back to the Client Portal.