How much could you save?

Use this quick and easy tool to work out your smartest saving and spending.

What are your essential costs?

Essential costs are things like rent/mortgage, utility bills, train fares and childcare. These are your fixed costs.

Calculate now

This is what your future savings could look like

In 10 years you could save
£48,000
In 5 years you could save
£24,000
In 1 year you could save
£4,800

This is what your future savings could look like

Monthy essential costs
£1,000.00
Monthly savings contributions
£400
Monthly flexible spending (Socialising, shopping, gym, etc)
£600.00
Your daily flexible spending budget
£19.73

*Your future savings budget breakdown is based on a 50/20/30 budgeting rule, which is commonly used to find out if and where you're spending too much. 50% of your monthly take home salary should in theory go towards your 'essential costs', 20% should go towards any savings or debt reduction, then 30% is for your 'flexible spending'. For those people spending over 50% on their essential costs, the tool will adjust your other budgets proportionally.