How MyBudget Works

MyBudget builds you a personalised 12-month budget, then helps you live by it — paying your bills on time, keeping your repayments on track and giving you a clear view of what is coming up. It has been doing this since 1999, and more than 130,000 Australians have used the service.

Your first appointment is free, there is no obligation, and there are no long-term lock-in contracts.

Book a free appointment on 1300 300 922.

It's as easy as 1, 2, 3

1. Chat with a Money Coach

A Money Coach gets to know your financial situation and what you want to achieve. It is confidential and obligation free, and the first appointment takes about ten minutes.

You do not need to have everything organised before you call. Most people book because something is not working — bills arriving faster than pay, debt that will not move, or the feeling of never getting ahead. The conversation starts from wherever you are.

2. Get a personalised 12-month budget

Based on your income and expenses, MyBudget analyses your situation and designs a tailored personal budget built around your lifestyle and goals.

The budget is free, and it is yours to keep whether or not you go any further. Nothing obliges you to join after seeing it.

3. Live free from money worries

From there you can run the budget yourself, or have MyBudget manage it for you. If MyBudget manages it, your money is organised around the plan: bills are scheduled and paid, repayments are made, and savings build alongside the debt coming down.

What a managed budget actually does

Your bills are paid on time

Money Coaches schedule and pay your bills so the timing is handled for you. That removes the most common cause of late fees — a bill arriving in the wrong week rather than an inability to pay it.

Your debts are worked down inside the plan

Repayments sit inside the same budget as everything else, so paying down debt does not quietly come at the cost of the electricity bill. Where it helps, MyBudget can speak with your creditors on your behalf.

Your savings grow at the same time

You do not have to finish paying off debt before you start saving. A managed budget builds an emergency fund and works towards your goals while the debt reduces.

You can see twelve months ahead

Most budgeting apps show you what already happened. The MyBudget app shows what is coming: upcoming bills, projected balances and future cash flow across the next twelve months, so you can see what your money has to cover before it arrives.

Your plan changes when your life does

Budgets go stale when circumstances shift. A Money Coach adjusts yours when income changes, a bill lands unexpectedly, or your goals move.

The MyBudget app

The app is where the day-to-day happens. Clients can:

• See a personalised 12-month view of upcoming bills and projected balances
• Upload bills and important documents directly, keeping everything in one place
• Track spending and manage bills
• Access their budget 24/7

The difference from a self-managed budgeting app is that MyBudget does not only show you the picture — bills are scheduled and paid, and there is a person to call when something changes.

What it costs

MyBudget does not publish a single fixed price, because the service is tailored to each person's situation.

The first appointment and your personalised 12-month budget are free.

If you decide to join, there are two fees:

• an establishment fee, spread across your initial 12-month budget rather than paid as a lump sum upfront
• an ongoing weekly administration fee, covering the day-to-day money management, app access and Money Coach support

Both are shown in your proposed budget before you join, so you can see exactly what they are alongside everything else. There are no hidden costs and no long-term lock-in contracts.

A separate schedule of incidental fees applies to specific requests — for example, transactions processed immediately outside the regular payment runs. Those are set out in the MyBudget Fee Schedule and are advised at the time the request is made.

Who it suits

MyBudget works with people in a wide range of situations, including those who are:

• living pay to pay and wanting to break the cycle
• carrying credit card, personal loan or buy now pay later debt
• saving towards a home deposit or another goal
• managing an irregular income, such as FIFO work
• planning for a change, such as a new baby
• simply tired of managing it all themselves

You do not need to be in financial trouble to use it. Plenty of clients are managing fine and want the time back.

What MyBudget is not

MyBudget is a budgeting and money management service. It is not a licensed financial adviser, and it does not provide personal advice about investments, superannuation, insurance or financial products. If that is what you need, speak to a licensed financial adviser.

A MyBudget plan is also not a loan and not a formal debt agreement. It organises your existing income, living costs, bills and repayments into a structured budget.

Getting started

Call 1300 300 922 or book online for a free, no-obligation appointment. It takes about ten minutes, it is confidential, and you will end up with a personalised 12-month budget that is yours to keep either way.