Budgeting

Pay Rise Planner

A pay rise is easiest to direct before the new income becomes normal. Enter your old and new take-home pay and see how three simple splits change lifestyle spending and progress towards savings or debt goals.

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Your take-home change

Use the amount that actually reaches your bank account.

£per month
£per month
£per month
Used to show how the new split changes your ongoing saving level.

What should the raise help with?

Add optional priority gaps so the scenarios connect to real goals.

£
Enter 0 if your emergency fund is already where you want it.
£
Enter only debt you want the raise to help target.

Your estimate

Use the result as a planning guide and change inputs to test the assumptions that matter most.

How this calculator works

The calculator measures the increase in monthly take-home pay, not the headline salary increase. It then shows three scenarios that direct 25%, 50% or 75% of that net increase towards financial goals, leaving the remainder available for lifestyle.

If you add an emergency-fund gap and high-interest debt balance, the calculator also shows how long the middle 50% scenario would take to cover that combined priority amount before interest.

How to use it

  1. Enter old and new monthly take-home pay.
  2. Add your current monthly saving for context.
  3. Optionally enter the emergency-fund gap and high-interest debt balance you want the raise to help address.
  4. Compare the 25%, 50% and 75% goal-focused scenarios.
  5. Automate your chosen split from the first higher payday.

Assumptions and limitations

The scenarios are planning illustrations, not recommendations. The tool does not calculate tax, benefits or pension effects from salary itself because it starts from take-home income. The priority-payoff months ignore debt interest and assume the selected amount is paid consistently.

Understand the decision

Helpful guides for this calculator

Use the calculator for the numbers, then use these guides for the practical choices, trade-offs and next steps behind the result.

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