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Available money guide

What is a healthy amount of spending money?

Your available money is what remains after tax and fixed expenses. A healthy amount depends on your household, transport, food habits and goals.

How to calculate it

Start with household income after tax and subtract fixed expenses such as housing, insurance, transport agreements, childcare, debt and subscriptions.

The remainder covers food, clothing, leisure, gifts, personal care and unexpected purchases. Keep definitions consistent so months can be compared.

Use three ordinary months as your guide

Review at least three normal months, remove one-off expenses and use the median for variable spending. This is more realistic than one unusually cheap or expensive month.

If no room remains for a small buffer, adjust fixed costs, variable limits or the savings target until the plan works in practice.

Make it practical with a daily amount

A daily amount makes a monthly figure easier to use. Remember to reserve money for larger variable purchases later in the month.

Frequently asked questions

Is saving a fixed expense?

A regular savings transfer can be planned like a fixed item, while keeping flexibility for essential surprises.

Should food be included?

Yes. Food and other variable everyday expenses are normally covered by your available spending money.

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