Budget Benchmark tool

There are many money rules to help you get your finances on track. While everyone's situation is different, the Budget Benchmark tool serves as a good starting point. It will show how much you should be spending and on what, based on your monthly income. The 50/30/20 rule of thumb for budgeting recommends that:

50% of your income should go to essential expenses (needs)
30% should be spent on financial priorities (goals)
20% should go to lifestyle needs (wants)

Do you have children?

Note: Results do not cater for all scenarios and should be used as an indication only.

Disclaimer:

This calculation is based on the information that you have provided. The information is for illustrative purposes only and is not intended to serve as financial advice. Please consult your financial adviser for more information.