Budget planner

Financial Home / Education / Shopping / Entertainment /

Income Results
commitments utilities health transport eating out Summary

HOW TO USE Show results Monthly

Programs Income
§   you can save Excel file to your own computer Income $48,100
§   you need Microsoft Office 2003 or higher (Excel)
Total income: $48,100

Customising Outgoings
§   you can choose how often you receive income or pay expenses using the dropdown list in the frequency column Financial comm. $35,000
§   you can customise the labels in the spreadsheet to better suit your needs by renaming existing fields Home $0
Utilities $1,700
NOTE: Altering the budget planner (eg. adding rows/columns) may result in incorrect outputs Education $0
Health $2,000
Shopping $3,000
Feedback Transport $4,000
We welcome all feedback. Send feedback via the website form (www.moneysmart.gov.au/feedback) or use the Entertainment $0
feedback options on the Budget Planner webpage Eating out $0

Total outgoings: $45,700

This original version of this budget planner is published on www.moneysmart.gov.au and is subject to copyright. What's left: $2,400
per month
[Version: 2.01 - Sept 2013]

Source: www.moneysmart.gov.au

Page 1
Budget planner
Financial Entertainment / eating
Income Home / utilities Education / health Shopping / transport Results
commitments out Summary

Income Show results Monthly

Frequency Amount Monthly amount
Your take-home pay Monthly $26,000 $26,000 Income
Your partner's take-home pay Monthly $20,100 $20,100 Income $48,100

Bonuses/overtime Annually $0 $0 Total income: $48,100

City Allowance Monthly $2,000 $2,000
Outgoings
Centrelink benefits Fortnightly $0 $0 Financial comm. $35,000
Family benefit payments Fortnightly $0 $0 Home $0
Utilities $1,700
Child support received Monthly $0 $0 Education $0
Other Monthly $0 $0 Health $2,000
Total $48,100 Shopping $3,000
Transport $4,000
Entertainment $0
Eating out $0

Total outgoings: $45,700

What's left: $2,400

per month

Source: www.moneysmart.gov.au

Page 2
Budget planner
Financial Entertainment / eating
Income Home / utilities Education / health Shopping / transport Results
commitments out Summary

Financial Commitments Show results Monthly

Frequency Amount Monthly amount
Credit Card (Metrobank) Monthly $4,000 $4,000 Income
Cutie Patotie Monthly $15,000 $15,000 Income $48,100

Jig's Allowance Monthly $0 $0 Total income: $48,100

Abbie's Allowance Monthly $0 $0
Outgoings
Huluga Monthly $1,000 $1,000 Financial comm. $35,000
Car Monthly $15,000 $15,000 Home $0
Utilities $1,700
Travel Monthly $0 Education $0
Donations / Charity Monthly $0 $0 Health $2,000
Shopping $3,000
Pocket money Fortnightly $0 $0 Transport $4,000
Type in your own expense Monthly $0 $0 Entertainment $0
Total $35,000 Eating out $0

Total outgoings: $45,700

What's left: $2,400

per month

Source: www.moneysmart.gov.au

Page 3
Budget planner
Financial Education / Entertainment / eating
Income Home / utilities Shopping / transport Results
commitments health out Summary

Home Show results Monthly

Frequency Amount Monthly amount
Council rates Quarterly $0 $0 Income
Body Corporate fees Quarterly $0 $0 Income $48,100
Home and contents insurance Monthly $0 $0
Home maintenance and repairs Annually $0 $0 Total income: $48,100
New furniture / Appliances Annually $0 $0
Other Monthly $0 $0 Outgoings
Total $0 Financial comm. $35,000
Utilities Home $0
Utilities $1,700
Electricity Quarterly $0 $0 Education $0
Gas Quarterly $0 $0 Health $2,000
Water Monthly $300 $300 Shopping $3,000
Internet Monthly $1,400 $1,400 Transport $4,000
Pay TV Monthly $0 $0 Entertainment $0
Home phone Monthly $0 $0 Eating out $0
Mobile phone(s) Monthly $0
Type in your own expense Monthly $0 $0 Total outgoings: $45,700
Total $1,700

What's left: $2,400

per month

Source: www.moneysmart.gov.au

Page 4
Budget planner
Financial Education / Entertainment / eating
Income Home / utilities Shopping / transport Results
commitments health out Summary

Education Show results Monthly

Frequency Amount Monthly amount
School fees Annually $0 $0 Income
Uni / TAFE Annually $0 $0 Income $48,100
Childcare / Pre-school Weekly $0 $0
School uniforms Annually $0 $0 Total income: $48,100
Sport, music, dance, etc Annually $0 $0
Excursions Monthly $0 $0 Outgoings
Other Monthly $0 $0 Financial comm. $35,000
Total $0 Home $0
Health Utilities $1,700
Education $0
Private health insurance Monthly $0 $0 Health $2,000
Life insurance Monthly $2,000 $2,000 Shopping $3,000
Doctors Annually $0 $0 Transport $4,000
Dentists Annually $0 $0 Entertainment $0
Medicines / Pharmacy Monthly $0 $0 Eating out $0
Eyecare / Glasses Annually $0 $0
Vet Annually $0 $0 Total outgoings: $45,700
Type in your own expense Monthly $0 $0
Total $2,000
What's left: $2,400
per month

Source: www.moneysmart.gov.au

Page 5
Budget planner
Financial Education / Entertainment / eating
Income Home / utilities Shopping / transport Results
commitments health out Summary

Shopping Show results Monthly

Frequency Amount Monthly amount
Supermarket Monthly $2,000 $2,000 Income
Fruit / Veg Weekly $0 $0 Income $48,100
Baby products Weekly $0 $0
Clothing / Shoes Monthly $0 $0 Total income: $48,100
Cosmetics / Toiletries Monthly $1,000 $1,000
Hairdresser Quarterly $0 $0 Outgoings
Gifts and others Monthly $0 $0 Financial comm. $35,000
Other food and grocery Weekly $0 $0 Home $0
Total $3,000 Utilities $1,700
Transport Education $0
Health $2,000
Car insurance Annually $0 $0 Shopping $3,000
Car maintenance Annually $0 $0 Transport $4,000
Car rego / Licence Annually $0 $0 Entertainment $0
Petrol Monthly $0 $0 Eating out $0
Road tolls / Parking Monthly $0 $0
Trains / Buses / Ferries Weekly $0 $0 Total outgoings: $45,700
Taxi Monthly $4,000 $4,000
Total $4,000
What's left: $2,400
per month

Source: www.moneysmart.gov.au

Page 6
Budget planner
Financial Education / Entertainment / eating
Income Home / utilities Shopping / transport Results
commitments health out Summary

Entertainment Show results Monthly

Frequency Amount Monthly amount
Holidays Annually $0 $0 Income
Bars / Clubs Weekly $0 $0 Income $48,100
Other alcohol Weekly $0 $0
Gym / Sporting membership Monthly $0 $0 Total income: $48,100
Cigarettes Weekly $0 $0
Movies / Music Fortnightly $0 $0 Outgoings
Hobbies Fortnightly $0 $0 Financial comm. $35,000
Newspaper / Magazines Weekly $0 $0 Home $0
Celebrations Annually $0 $0 Utilities $1,700
Other Monthly $0 $0 Education $0
Total $0 Health $2,000
Eating out Shopping $3,000
Transport $4,000
Restaurants Monthly $0 $0 Entertainment $0
Takeaway / Snacks Weekly $0 $0 Eating out $0
Bought lunches Weekly $0 $0
Coffee / Tea Weekly $0 $0 Total outgoings: $45,700
Type in your own expense Monthly $0 $0
Total $0
What's left: $2,400
per month

Source: www.moneysmart.gov.au

Page 7
 A
Budget planner
Financial Education / Entertainment /
Income Home / utilities Shopping / transport Results
commitments health eating out Summary

Show results Monthly

Summary
Your budget position: Income
You are spending $2,400 per month less than you earn. Income $48,100
Congratulations!
Total income: $48,100

Outgoings
Your spending breakdown Shopping / Transport
Financial comm. $35,000
Financial commitments Spending Education
breakdown / Health Home $0
Home / Utilities
Home / Utilities Financial commitment 35000 Utilities $1,700
Education / Health Home / Utilities Financial commitments
1700 Education $0
Shopping / Transport Education / Health 2000 Health $2,000
Entertainment / Eating out Shopping / Transport 7000 Shopping $3,000
Entertainment / Eatin 0 Transport $4,000
Entertainment $0
Eating out $0
Next steps:
1) Do a reality check. Is your bank account going up each month? If the results don't match, track your actual Total outgoings: $45,700
spending in more detail. The money is going somewhere!
2) If you have spare money each month, think how best to use it, e.g.
i) repay any loans faster What's left: $2,400
ii) put money into a special savings account per month
3) Print your plan.

Source: www.moneysmart.gov.au

Page 8
Budget planner

Summary

Summary Monthly amount

Total income: $48,100
Total outgoings: $45,700
What's left: $2,400

Your budget position:

You are spending $2,400 per month less than you earn.
Congratulations!

Your spending breakdown

Your spending breakdown Monthly amount

Financial commitments $35,000 Spending breakdown

Home / Utilities $1,700 Financial commitments

Shopping / Transport
$35,000

Education / Health $2,000 Home / Utilities

Education / Health
$1,700

Shopping / Transport $7,000 Education / Health

Home / Utilities
$2,000

Entertainment / Eating out $0 Shopping / Transport $7,000

Financial commitments

Entertainment / Eating out $0

Next steps:

1) Do a reality check. Is your bank account going up each month? If the results don't match, track your actual
spending in more detail. The money is going somewhere!
2) If you have spare money each month, think how best to use it, e.g.
i) repay any loans faster
ii) put money into a special savings account
iii) increase your contributions to superannuation or other investments
3) Print your plan.
Budget planner

Your detailed budget

Income Frequency Amount Monthly amount Notes

Your take-home pay Monthly $26,000 $26,000
Your partner's take-home pay Monthly $20,100 $20,100
Bonuses/overtime Annually
City Allowance Monthly $2,000 $2,000
Centrelink benefits Fortnightly
Family benefit payments Fortnightly
Child support received Monthly
Other Monthly

Financial Commitments Frequency Amount Monthly amount

Credit Card (Metrobank) Monthly $4,000 $4,000
Cutie Patotie Monthly $15,000 $15,000
Jig's Allowance Monthly
Abbie's Allowance Monthly
Huluga Monthly $1,000 $1,000
Car Monthly $15,000 $15,000
Travel Monthly
Donations / Charity Monthly
Pocket money Fortnightly
Type in your own expense Monthly

Home / Utilities Frequency Amount Monthly amount

Council rates Quarterly
Body Corporate fees Quarterly
Home and contents insurance Monthly
Home maintenance and repairs Annually
New furniture / Appliances Annually
Other Monthly
Electricity Quarterly
Gas Quarterly
Water Monthly $300 $300
Internet Monthly $1,400 $1,400
Pay TV Monthly
Home phone Monthly
Mobile phone(s) Monthly
Type in your own expense Monthly

Education / Health Frequency Amount Monthly amount

School fees Annually
Uni / TAFE Annually
Childcare / Pre-school Weekly
School uniforms Annually
Sport, music, dance, etc Annually
Excursions Monthly
Other Monthly
Private health insurance Monthly
Life insurance Monthly $2,000 $2,000
Doctors Annually
Dentists Annually
Medicines / Pharmacy Monthly
Budget planner
Eyecare / Glasses Annually
Vet Annually
Type in your own expense Monthly

Shopping / Transport Frequency Amount Monthly amount Notes

Supermarket Monthly $2,000 $2,000
Fruit / Veg Weekly
Baby products Weekly
Clothing / Shoes Monthly
Cosmetics / Toiletries Monthly $1,000 $1,000
Hairdresser Quarterly
Gifts and others Monthly
Other food and grocery Weekly
Car insurance Annually
Car maintenance Annually
Car rego / Licence Annually
Petrol Monthly
Road tolls / Parking Monthly
Trains / Buses / Ferries Weekly
Taxi Monthly $4,000 $4,000

Entertainment / Eating out Frequency Amount Monthly amount

Holidays Annually
Bars / Clubs Weekly
Other alcohol Weekly
Gym / Sporting membership Monthly
Cigarettes Weekly
Movies / Music Fortnightly
Hobbies Fortnightly
Newspaper / Magazines Weekly
Celebrations Annually
Other Monthly
Restaurants Monthly
Takeaway / Snacks Weekly
Bought lunches Weekly
Coffee / Tea Weekly
Type in your own expense Monthly

Notes
Budget planner

Source: www.moneysmart.gov.au