Coronavirus support:
down-arrow icon

How to Save Money Calculator

We all want to save more but that’s often easier said than done. However research by the Centre for Economics & Business Research (Cebr) on behalf of Post Office recently found that the average household could potentially save up to £5,950 more a year!

Try our calculator to see what your potential saving opportunity could be

down-arrow icon house-first icon family icon plus icon minus icon question icon alert icon select icon
chevron-right icon

How to Save Money Calculator

The living costs are different in each region, see how your spending habits
compare to people in your region and find out how much you could save

Please enter values and use the drop down menus to answer the question before you continue

A household is how many people live in the same dwelling and also share meals, bills etc

Please enter values and use the drop down menus to answer the question before you continue
£
Please enter values and use the drop down menus to answer the question before you continue

What are your monthly outgoings for your household

Examples: rent, mortgages payments, maintenance costs, council tax, gas, broadband and subscription

£

Examples: All household spending on food and non-alcholic beverages items

£

Examples: holidays, short breaks, fuel, bus travel, rail travel, air fares, parking costs

£

Examples: social events, gatherings, hobbies, games, books, sports, gym and cinema

£

Example: All clothing, footwear and homeware items such as shirts, shoes, furnishings and carpets

£
Total outgoings: £0 per month

Back

your household could save £400 per month

Your household spend is

£1000

per month

The average spend in your area is

£800

per month

The lowest spend in your area is

£600

per month

See how your outgoings compare to the average household in your area.

Region

North of England

Monthly outgoings

£1000.00

Monthly income

£1500.00
  • You spend the same on utilities and bills
  • You spend the same on food and drink
  • You spend the same on travel
  • You spend the same on leisure and entertainment
  • You spend the same on fashion and homeware

Utilities and bills

Bills can be expensive, find out how to plan your spending and reduce your bills with personal finance journalist Iona Bain

Bill saving tips

Food and Drink

Supermarkets are great at getting us to part with our cash. Jack Monroe is here to show you how to save at the supermarket and cook smart.

Food saving tips

Travel

Monica from the Travel Hack will show you how you can save more on your travel costs.

Travel saving tips

Leisure & Entertainment

Ricky Willis from Skint Dad knows how to have fun on a budget. Follow his tips and tricks to spend well and save more here.

Leisure saving tips

Fashion and Homeware

Interiors expert Kimberly Duran can show you tips on how to spend well whilst doing up your home.

Fashion saving tips
trophy icon

Free Budget Planner

Keeping track of where you are spending your money will help you spend more consciously and in turn find ways to save in your day to day with ease

Download now
chevron-right icon down-arrow icon

The Post Office can help you save

Travel Money

Competitive exchange rates, 0% commission. Up to 70 currencies available. Order before 3pm to get the next working day.

Travel Money

Broadband

All Post Office Unlimited Broadband deals let you upload, download, stream and share as much as you like. There are no usage caps, extra charges or mid-contract broadband price increases

Broadband

Savings

Make sure your money’s working harder, with tax-free savings options, easy access accounts and bonds – you could maximise your money and boost your savings.

Savings

Post Office ISAs are provided by One Family. Savings in Post Office cash ISAs are deposited with Bank of Ireland UK. All other Post Office savings accounts are provided by Bank of Ireland UK.