Money Advice Hub Finance Tool

Data is saved locally to this device only.

How to use this tool ▼
This tool allows you to create a detailed financial statement free of charge. It is designed to be simple, secure, and helpful for organising your finances.
  • Create: Click "Create New Budget" to start a new financial statement.
  • Enter Data: Use the tabs (Income, Expenses, etc.) to enter your figures. Click section headers to expand them.
  • Important: Check the frequency dropdown (e.g., Weekly, Monthly) for every figure you enter. All totals are calculated as Per Calendar Month (PCM).
  • Review & Print: Use the 'Statement' tab to generate a PDF document. You can choose to hide sensitive demographic data before printing.
  • Save: Click "Save Budget" to store it on this device's browser for later editing.
  • Clear Data: Use the "Clear Data" button if you are on a public computer to remove all stored information.

Note: No data is sent to our servers. Everything stays on your computer/phone.

How to Create a Budget ▼

To start your draft budget, list all of your income sources against your expenses and try to calculate per calendar month. It helps to examine a few months’ bank statements, but also any cash withdrawals. If you make a lot of cash withdrawals, keep a short diary of what you spend the cash on so you know what to record.

Variable income

  • If your income changes, try to use an average amount.
  • If you have basic pay and overtime, record basic pay and overtime separately (as an average).
  • Do the same with any bonus or commission.

Income paid quarterly / every 4 weeks / weekly

  • Some benefits are paid every 4 weeks and need converting to per calendar month.
  • This is important so your income and outgoings are compared like-for-like.
  • Benefits calculator: moneyadvicehub.inbest.ai
Useful External Sites for Help ▼

The links below will open in a new tab and take you outside of this budget tool. They provide trusted, independent guidance and support.