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Put together a budget. It’s time to take control of your finances. Understanding your day-to-day expenses is key to creating a budget, and having a budget that you can stick to is key to staying on track with your savings goals. Our budget planner calculator can help you get started.

How to use our budget planner calculator

First, tell us about your income and expenses, and let us know how often the payments are made or received. Your income can include your salary, bonuses, benefits, and income from investments, while your expenses will be your general living costs, payments to any existing debts, costs to run your car, and anything else you regularly pay for. Once we have all that from you, our budget planner calculator will give you an easy-to-understand analysis of where your money is going and how much you may have left over to save.

Other helpful calculators

Now you’ve got your budget sorted, it could be time to start on those savings goals. Or, you might want to calculate your income tax so you have a better idea of how much money you have spare. Our handy calculators can help you crunch the numbers.

Savings and term deposit calculator

You could be closer to your savings goals than you realise! Find out how much interest you could earn or see how making regular deposits can build your savings.

Income tax calculator

Our income tax calculator shows how much tax you are expected to pay per week, fortnight, month, or year, based on your gross or net income.

Get in touch

Call us on 13 25 77, pop into your nearest branch or chat to us online.

Check out our savings accounts

Looking for an account to keep your hard-earned cash safe? Look no further!

Fixed term deposits

Our fixed term deposit options are oh-so- secure and oh-so-easy to set up.

Your budget planning questions answered

The 50/30/20 budgeting rule is a way to budget your money. Your income is split into three areas to help you know what you can spend and save. 

With this guide you allocate:

  • 50% of your income to 'needs'. Needs can be your rent or home loan repayments, transportation, your weekly grocery shop, debt repayments, insurances, education and utility bills.
  • 30% of your income to 'wants'. Wants can be your daily takeout coffee, eating out, shopping, entertainment, hobbies and holidays.
  • 20% of your income to savings. Savings can be an emergency fund, a savings goal, additional debt repayments and investments (which can include superannuation).

Learn more about the 50/30/20 budgeting rule

Our budgeting app mymo can help you track your savings progress. It's your personal financial assistant that helps you keep track of all your accounts in one place.

With mymo,you can also set up savings goals, as well as track your progress towards your goal.

Find out more about our budgeting app

mymo and our mobile app are a match made in money management heaven.

On the one hand, you’ve got our mobile app, which puts all your P&N accounts and products, plus a heap of banking functionality, at your fingertips.

And in the same hand, you’ve got mymo, bringing together all your financial data and account info – from P&N and your other financial institutions – so you can budget like a boss, manage your finances, save money, and smash your financial goals.

Important information

Banking and Credit products issued by Police & Nurses Limited (P&N Bank).

Any information on this website is general and does not consider your personal needs, objectives or financial situation. Our rates are current as of today and can change at any time. Credit eligibility criteria, terms & conditions, fees & charges apply.

The results from this calculator should be used as an indication only. Figures provided are for illustrative purposes only and are based on the information provided. Results do not represent a quote or pre qualification for a product. Information such as default figures used in the assumptions are subject to change.

Calculator by Widget Works