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ANZ Budget Planner

Frequently Asked Questions

Q. How does the budget planner work?
Q. How do I work out my salary after tax?
Q. What is the salary converter?
Q. What is the amount of my total monthly savings/shortfall?
Q. What is my 'other' income?
 

Q. How does the budget planner work?
A. The budget planner works by adding up all of your expenses and deducting them from your net income. This tells you how much money you have or do not have available at the end of the specified time period. It tells you how much money you can afford to invest/save or how much shortfall you have.
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Q. How do I work out my salary after tax?
A. Using the 'salary converter' you can convert your salary before tax (gross income) to your salary after tax (net income).
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Q. What is the salary converter?
A. The 'salary converter' uses your gross income to calculate what is your net earnings are.
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Q. What is the amount of my total monthly savings/shortfall?
A. Total monthly savings/shortfall is the amount that you have either saved or overspent at the end of the month. This is calculated using your salary and your expenditure.
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Q. What is my 'other' income?
A. Your 'other income' is income you earned other than from your primary income source. This can include earnings from rental properties.
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