Where does every Rand go?
Put in your take-home pay and five spending lines. Get back what is left at month-end, your savings rate, your biggest cost and how your housing compares to the 30% rule.
These are not your numbers. Thandi is our made-up example: R30 600 take-home a month, a R9 500 bond, two children at school.
Budget
Executive summary for Thandi · one month · take-home pay
Healthy.
Thandi keeps R 2 900 of every month’s R 30 600. Her bond is a little heavy, and her savings rate sits just under the 15% guideline.
Savings rate 14.4% · guideline 15%Take-home pay per month.
Every expense line, savings included.
Left at month-end.
Surplus plus R1 500 budgeted savings.
R 9 500 a month — 31% of income.
Rises with your savings rate; drops if you overspend.
What this means
- R 2 900 is left over each month after every expense line.
- Housing takes 31% of income — just above the common 30% rule of thumb.
- A savings rate of 14.4% is just below the 15% guideline — R200 more a month closes it.
Where R 30 600 goes
Bar length = share of take-home pay. Housing is highlighted because it is over 30%.
Now do it with your numbers
Seven numbers, monthly. You land straight on your own budget summary — no sign-up, saved to our database (delete it any time from Account). Leave a line empty if it is zero.
How we calculate it
- Surplus is take-home pay minus every expense line, savings included.
- Savings rate counts the surplus plus what you budget as savings, as a share of take-home pay.
- The score rises with your savings rate and drops by 20 if you spend more than you earn.
- The 30% housing and 15% savings guides are common rules of thumb, not targets we set for you.
We calculate; we never name a financial product. MaxWealth will not suggest a loan, card, account or insurer.