Baby budget calculator: will your savings last through parental leave?

Enter both parents' pay, how long each is on leave and what they're paid meanwhile, your usual spending, baby costs and childcare. See your savings month by month through the first year, the low point, and how much more to save before the birth.

✓ TestedSame month-by-month model as the tested spreadsheet

Extra to save before the birth–

Months left to save (this month to the due month)
You can still save before the birth (pay − usual spending)
Savings on the due date (after gear bought before)
Lowest point in the first year
Savings after 12 months
Monthly shortfall once leave is over

Month	Pay	Baby, care	Gap	Savings left

How it works

Month 1 is the month the baby is due. Each parent gets their leave pay for their first leave months and their usual take-home after that. Spending each month is your usual spending plus baby costs (the hospital bill in month 1, later gear in month 6, the monthly costs every month) plus childcare from the month it starts. The gap (spending minus pay) comes out of savings. Savings on the due date are what you have today, plus what you can still save each month until then (pay minus usual spending), minus the gear you buy before the birth. The extra to save is how far the lowest point would go below $0. The spreadsheet does the same with every item in its own month, gifts, and a warning when parents' pay doesn't add up.