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Spend snapshot

Our Spend Snapshot tool helps you to understand where all your hard-earned cash gets spent.

The Spend Snapshot tool helps you to record all your income and expenses in one place so you can see how much you're spending, and what you're spending it on. It also allows you to test out any changes you might like to try, like reducing your discretionary spending or getting started on saving your 'emergency fund'.

What you'll need:

  • Your bank statements or bills for the last few months
  • A calculator
  • Some quiet time - 5 to 20 minutes

The outcome may be surprising to you but it sets you up to start making some changes to work towards your better financial future.

Summary

The graph below visually represents where you're spending your money. The number in the centre tells you how much you have left over, or, if it's a negative figure, then how much you may be borrowing to cover a shortfall.

You can switch the view between weekly, fortnightly, monthly or yearly. This could be helpful when testing out what a difference small changes on a weekly basis can make over a whole year.

$0

You can go back and edit the amounts in each category to try out different scenarios for saving on costs, setting up a savings plan, making voluntary contributions to your super and so on.

Income:
$0 p/a
Savings:
$0 p/a
Expenses:
$0 p/a

Your data will not be stored or saved by Westpac or the Davidson Institute. We suggest exporting your information as a PDF or CSV file for you to refer to in future.

PRINT SUMMARY EXPORT CSV

Income

  • Employment
    $0
    Item
    Amount
    Frequency
    Add Item
  • Financial support
    $0
    Item
    Amount
    Frequency
    Add Item
  • Retirement
    $0
    Item
    Amount
    Frequency
    Add Item
  • Investments
    $0
    Item
    Amount
    Frequency
    Add Item
  • Other income
    $0
    Item
    Amount
    Frequency
    Add Item
Income
$0

Planned Savings

  • Savings
    $0
    Item
    Amount
    Frequency
    Add Item
Planned Savings
$0

Expenses

  • Loan Repayments
    $0
    Item
    Amount
    Frequency
    Add Item
  • Insurance
    $0
    Item
    Amount
    Frequency
    Add Item
  • Home and Utilities
    $0
    Item
    Amount
    Frequency
    Add Item
  • Transport
    $0
    Item
    Amount
    Frequency
    Add Item
  • Children & Education
    $0
    Item
    Amount
    Frequency
    Add Item
  • Medical
    $0
    Item
    Amount
    Frequency
    Add Item
  • Groceries and Eating Out
    $0
    Item
    Amount
    Frequency
    Add Item
  • Personal
    $0
    Item
    Amount
    Frequency
    Add Item
Expenses
$0

Congratulations on completing the Spend Snapshot. Now you can review where you're spending your money and work out whether you're happy to continue as is or whether there are some changes you'd like to make. You can print a copy of your spending info now, or export it as a CSV file, then make your changes and compare the difference. We wish you well on your journey to a #betterfinancialfuture.

This information is general in nature and has been prepared without taking your objectives, needs and overall financial situation into account. For this reason, you should consider the appropriateness for the information to your own circumstances and, if necessary, seek appropriate professional advice. © Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714.

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