Budget calculator

Take control of your financial future. Use our budget calculator to better understand your cash flow. It's the first step toward a comprehensive saving and spending strategy.

Here's how it works:

  • 1Enter your income, expenses and savings goals
  • 2Get an overview of your cash flow
  • 3Learn how to save, reduce debt and invest

Enter your monthly income

All fields are optional. Use whole numbers only.

Your monthly pay after deductions for tax, Canada Pension Plan, Employment Insurance and other benefits. Include a portion of any annual bonuses and other payouts.

Consider payments such as employment assistance, social assistance, disability benefits, child benefits, child support payments and GST/HST credits.

Consider the proceeds from items you sell, income earned from side-gig work, grants and scholarships.

Enter your monthly housing costs

All fields are optional. Use whole numbers only.

People pay property tax on different instalment schedules. Use a monthly figure by dividing your total annual property tax bill by 12.

This could include the costs of snow removal, landscaping, cleaning, pool maintenance and other services.

Enter your monthly communications expenses

All fields are optional. Use whole numbers only.

Include the monthly cost of any streaming platform you use for entertainment — movies, TV shows, music, magazines, video games or anything else.

Include the subscription fees you pay for other software platforms, such as cloud storage services, productivity suites or photo- and video-editing programs.

Enter your monthly food costs

All fields are optional. Use whole numbers only.

Keep in mind that some popular food-delivery apps offer premium services that you may be paying a monthly fee for.

Enter your monthly debt payments

All fields are optional. Use whole numbers only.

Enter your monthly transportation expenses

All fields are optional. Use whole numbers only.

Consider the costs of oil changes, tire rotations and various repairs.

Enter your monthly family expenses

All fields are optional. Use whole numbers only.

Include the costs of daycare, sitters and camps.

This could include the costs of food, accessories, grooming, veterinary care and pet insurance.

This could include any other costs associated with caring for your loved ones.

Enter your monthly health and wellbeing expenses

All fields are optional. Use whole numbers only.

This could include life or disability insurance policies, and any other coverage purchased outside a group or employer benefits plan.

Only include any out-of-pocket costs. Exclude amounts covered by insurance.

Only include any out-of-pocket costs. Exclude amounts covered by insurance.

This could include hairstyling, makeup, manicures, pedicures and massage therapy.

This could include therapy or counselling, and the costs of apps for wellness and meditation.

This could include any other services you pay for to benefit your physical, mental or emotional wellbeing.

Enter your monthly shopping expenses

All fields are optional. Use whole numbers only.

This could include items such as decor items and furniture purchases.

This could include items such as soap, toothpaste, toilet paper and cosmetics.

Enter your monthly recreation costs

All fields are optional. Use whole numbers only.

This could include admission to concerts, movies, museums, theatres, theme parks and more.

Hobbies could include supplies for crafting, woodworking, sewing, gardening — anything you spend on your personal pastimes. Recreation could include movies, books or video games you purchase.

Enter your monthly gifts, donations and professional fees

All fields are optional. Use whole numbers only.

Include anything spent on gifts for birthdays, holidays, weddings or any other occasion.

Include membership fees for professional organizations such as a law society.

Enter your monthly savings goals

All fields are optional. Use whole numbers only.

This could include money put aside for children or to care for aging relatives.

Your cash flow at a glance

Annual budget breakdown

 
 
 
 
 
 

Annual cash flow summary

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Cash flow breakdown

Cash flow breakdown


We can help you stay on track


Financial solutions for today and tomorrow

If you're an Imperial Service client, we can help you build a path to your goals, no matter where you are in life.

Whether you're saving for retirement, school or a new home, the right investment product can help you get there.

If there's a big purchase on the horizon, we can help you identify the best borrowing options.