Savings Plans to Reach Your Goals

Saving is less about willpower than about structure. A personalised budget maps your income, expenses and savings 12 months ahead, so you can see when you will reach your goal instead of hoping you get there.

Your first appointment is free, with no long-term lock-in contracts. Call 1300 300 922.

How to start saving with MyBudget

Set your savings goals

You get clarity on income, expenses and savings mapped across the next twelve months, so you always know what is coming and when the goal lands.

A budget built to grow savings

Your tailored budget includes a savings plan designed around your lifestyle — a holiday, a home deposit, or simply healthier money habits that hold up over time.

Savings are automated

Bills and savings are handled for you, so money moves consistently without you having to manage it week to week. Automation removes the moment where good intentions meet a tempting Friday.

Build a safety net

Every MyBudget plan sets money aside for the unexpected. An emergency buffer is what stops one surprise bill from undoing months of progress — and it is built from day one, alongside any debt coming down.

Saving while paying off debt

You do not have to clear every debt before you start saving. A managed budget does both at once, which matters because a plan with no buffer tends to collapse the first time the car needs work.

What clients have done

Adam and Erin, MyBudget clients, saved over $70,000 in under two years. Their story is on the client stories page.

Individual results depend on income, expenses and circumstances. A budget cannot create money that is not there — it makes the money you do have work in the right order.

What it costs

The first appointment and your personalised 12-month budget are free, and the budget is yours to keep.

If you join, an establishment fee is spread across your initial 12-month budget and an ongoing weekly administration fee applies. Both appear in your proposed budget before you join.

A note on scope

MyBudget is a budgeting and money management service. It is not a licensed financial adviser and does not advise on investments, superannuation, insurance or financial products. It will not tell you where to invest your savings — for that, speak to a licensed financial adviser.

Get started

Call 1300 300 922 for a free, confidential, no-obligation appointment.

What is the MyBudget savings page about?

The MyBudget savings page (mybudget.com.au/savings/) is about creating a personal savings plan to help Australians reach their financial goals faster. It explains that MyBudget helps people budget, save automatically, and build better savings habits.

What does MyBudget help you do on the savings page?

According to the page, MyBudget helps you budget, save automatically, and build better financial habits so you can reach your savings goals faster.

What is saving, according to background information related to this page?

Saving is the act of setting aside a portion of your income for future use instead of spending it immediately. It involves separating funds from everyday spending and allocating them toward goals such as emergencies, short-term needs, or long-term financial security.

What are common reasons people save money?

People commonly save for emergency funds to cover unexpected expenses, house deposits for home ownership, holidays and travel, baby expenses and family planning, long-term retirement savings, and other planned expenses and financial goals.

Why do savings matter for financial wellbeing?

Saving money creates financial security, reduces stress, and gives you control over your future. It protects against unexpected costs like medical bills, job changes, car repairs, or insurance excess payments, and it helps you make progress toward goals like a home loan deposit, retirement, or education costs.

How much can structured savings reduce financial stress?

Having structured savings reduces financial stress by approximately 57 percent on average.

What should a realistic savings plan be based on?

A realistic savings plan should reflect your overall financial picture and day-to-day reality, and should be based on your personal budget.

Who is the publisher of the MyBudget savings page?

The page is published by MyBudget, an organization with social media presence on Facebook, X (formerly Twitter, @mybudgetcomau), Instagram, YouTube, and LinkedIn.

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