Budget Calculator

Why it's important to budget

Our useful budget calculator doesn't take long to complete. You can fill it in at a time that suits you to help you get a better understanding of your finances.

Budget Planning

The first step to taking control of your finances is looking at your budget. It’s a great way to keep track of the money you have coming in and going out. Our free budget calculator can help to put you in control of your household spending and shows your income, outgoings and the money you have left over in the same easy to understand summary. You don't have to log in to complete the budget calculator and it doesn't take long - give it a go now.

Benefits of Budgeting

Taking the time to manage your money can really pay off. It can help you stay on top of your bills and start saving money over the year. Setting up a budget means you can easily see areas where you could make savings and you'll be better prepared for unexpected expenses. It's a good idea to complete the budget calculator before you set up a repayment plan so you can make sure your repayment amount is affordable for you. If you'd prefer to save your budget details to your online account, log in or register to complete the budget calculator.

How to complete the budget calculator in three easy steps:


Before you start

Get as much accurate, up to date information as you can. Bank statements are usually really good to get most of this information as they show your regular income and outgoings. You could also use wage slips, pension income or benefit statements and bills to help you.

Get started

Enter how much money you have coming in and what you're spending it on. Income is the amount of money you have coming in. This could be from wages, bonuses, benefits, pension and tax credits. It's also really important that you understand your household spending. This is the money you spend on food, bills, rent and other essentials. If you're not sure what a field means, hover over the information icon to find out more. Take your time filling the form in and check your figures to really get the most benefit from your budget.

Check your results

The budget calculator will give you a breakdown of your finances and show your disposable income - the amount of money you have left after paying out your usual expenses. Then you'll have the option to decide how much of your disposable income you can afford to contribute towards a repayment plan. If you have any questions about how the budget calculator works, give us a call on 0333 556 5550 and our friendly staff will be able to help you out.