The best budgeting tools to get ahead with your finances
The right budgeting tools can transform your finances by helping you manage money, reduce debt, and reach your financial goals faster.
What are the best budgeting tools and resources available in Australia?
Struggling to stay on top of your bills or reach your savings goals? You’re not alone. Many Australians are turning to budgeting tools to help manage income, track expenses, and make smarter financial decisions. The right tool can change how you handle money. It can help you reach your long-term financial goals faster. These tools range from simple finance calculators to resources like personal budget templates and guides and checklists.
At MyBudget, we believe budgeting tools should do more than crunch numbers. They should empower you to plan, save, and live life free from money worries. Here’s how the right budgeting tools, loan calculators, and resources can make a real difference to your financial future.
How do budgeting tools and calculators work?
Budgeting tools and calculators simplify financial planning by helping you understand where your money goes and how you can improve your situation. From creating a budget to tracking savings and managing debt, these tools make it easier to plan ahead and make confident money decisions. Some even help you see the impact of compound interest and how consistent saving can grow your wealth over time.
Which budgeting tools are best for your financial goals?
If your primary goals are personal finance management, such as creating a budget, saving for a home deposit, or working towards being debt-free, MyBudget offers an excellent range of free calculators and budgeting tools and resources. A distinctive feature of our offering is the forward projection capability, which provides you with a clear vision of future financial scenarios. This empowers you to make informed decisions today that positively shape your financial future. With MyBudget, you can take control of your financial goals efficiently and effectively.
Where can I find free budgeting calculators online?
MyBudget’s Money Tools Hub offers a variety of practical tools, tips, and guides to help you stay financially organised. Each calculator is designed to meet a specific need, whether you’re saving, budgeting, or paying off debt, with a simple, user-friendly experience.
Savings calculator
Use the Savings Calculator to work out how much you need to save weekly or monthly to reach a goal like starting a family. It sets realistic savings targets, shows how compound interest can grow your money, and factors in your deposit frequency so you can see how long it will take to hit your target, whether it’s for a holiday, home deposit, or big purchase.
Mortgage stress calculator
Check the Mortgage Stress Calculator to see how rising interest rates or income changes could affect your repayments. It’s a great way to understand if you’re at risk of mortgage stress and explore how adjusting your budget could help.
Home Loan Calculator
Our Home Loan Calculator helps you get into your home sooner. Whether it’s your first home or an investment property, this tool shows how different loan terms and repayment amounts affect your total interest. You can also see how many years you could shave off your mortgage by making extra repayments or getting a better interest rate to reach home ownership faster.
Income tax calculator
Use the Income Tax Calculator to estimate your Australian income tax and take-home pay (really handy if you’ve got a side hustle). Knowing how much tax you’ll pay helps you plan your budget more accurately and understand your true disposable income.
Personal loan repayment calculator
Use the Personal Loan Calculator to see how quickly you can pay off a loan. You can adjust loan amounts, interest rates, and payment frequency to find a repayment plan that works for you. If you’re buying a new car, this calculator helps you compare finance options and make the descision making process much easier.
Personal budget template
Download our free Personal Budget Template to design a spending plan that fits your lifestyle and goals. It helps you allocate money across bills, savings, and everyday expenses, giving you a clear view of your financial situation.
Each of these calculators gives you practical insights into your finances, helping you forecast, plan, and stay on track toward your goals.
You will also find budgeting guides, and other downloadables like eBooks and checklists. They help you start a personal budget, plan your savings, and build long-term financial security.
Why should I use MyBudget’s budgeting tools?
MyBudget’s free tools and resources give you a clear picture of your financial health. They help you see ahead, plan effectively, save smarter, pay off debt faster, and reach your financial goals.
Whether you’re focused on debt consolidation, credit repair, or saving for something big, MyBudget has a free financial tool to help you get there.
Want to take your finances even further? If you are a MyBudget client, you receive exclusive access to our complete budgeting software and expert Money Coaches that:
- Pay bills on time
- Reduce debt and interest payments
- Build emergency savings
- Visualise a full year of your financial plan in advance
- Achieve your long-term financial goals.
Ready to get started with MyBudget’s calculators?
Kickstart your financial future today with one of MyBudget’s easy-to-use free money calculators or resources. Whether you’re building a budget, saving for a goal, or planning to pay off debt faster, our tools make it simple to start your journey toward financial freedom. And if you’re ready to take your finances even further, our team of expert Money Coaches can create a tailored budget plan to help you pay off debt, grow savings, and live free from financial stress.
Live your life free from money worries.
For over 25 years, MyBudget has helped more than 130,000 Australians pay off debt, build savings, and achieve financial peace of mind. There’s no obligation to get started, just expert support when you’re ready.
Explore each of the MyBudget free Tools and Resources, and contact us online or call us on 1300 300 922 if you would like to see how MyBudget can elevate your financial situation today.
FAQs on budgeting tools and MyBudget
What are budgeting calculators and how do they help?
Budgeting calculators make it easier to manage your money by showing where your income goes, forecasting your savings, and helping you plan for major goals. MyBudget’s tools include savings, mortgage, and tax calculators that provide practical insights into your finances.
Are MyBudget’s budgeting tools and calculators free to use?
Yes. All MyBudget calculators, templates, and resources are completely free to use and available online through our Money Tools Hub. You can access tools for budgeting, saving, loan repayments, and tax planning, all designed to help you manage money with confidence.
Which budgeting tool is best for me?
The best tool depends on your financial goal. If you’re saving for a goal, try the Savings Calculator. To track mortgage or loan repayments, use the Home Loan Calculator or Personal Loan Calculator. For everyday planning, download the Personal Budget Template to design a budget that suits your lifestyle.
What does MyBudget actually do?
MyBudget is one of Australia’s most trusted budgeting and debt solution companies, helping people get out of debt, save, and manage their money since 1999. Our tailored budgeting and debt management services combine technology and expert support to make managing your finances easier. Using our budgeting and payment platform, we map out your financial future, automate bills and savings, and create a personalised plan to help you achieve your goals with less stress.
Who owns MyBudget?
MyBudget was founded in 1999 by Tammy Barton, who started the business from her kitchen table and built it into one of Australia’s most recognised budgeting and debt solution services. She is the Founder and Director and continues to lead the company with a mission to eliminate financial stress in the community.
Can MyBudget help me with debt management?
Absolutely. MyBudget can help you consolidate debt, negotiate payments with creditors, or explore options such as Part IX Debt Agreements. Our team designs tailored plans to reduce financial stress and help you regain control of your money.
How do I get started with MyBudget?
Getting started is simple. Explore our free tools and resources online or contact us for a free, no-obligation chat with one of our Money Coaches. We’ll help you create a clear plan to pay off debt, grow savings, and achieve your financial goals.