The My Budget page will allow you to keep track of your spending limits for all your monthly transactions. This is tied directly with your Bills, Income, Transactions, and Categories. When a new Bill or Income is create, if you choose an existing Category or create a new one, that category will then show up here in your Budget. When viewing this page, any Budget that is tied to a Bill will be automatically pre-filled with the amount from your Bill. Therefore, if you have multiple Bills tied to one budget category, your category amount will be reflected from all combined Bills. If you hover your mouse over the red “B” symbol, you’ll see in detail the amount and recurrence of each Bill tied to that category. Additionally, you can create your own Budget entries with no tie which will get reflected from the Transactions you enter. On the right hand side, you’ll see a New Transaction toolbar. When entering new transactions, if you select a category, this will get deducted automatically from your Budget and appear on this page under the Spent / Deposited column. This page also allows you to group your categories to make it easier to see how much is being spent in each group (ex. Automotive group would contain Gasoline, Auto Insurance, Car Payment, etc). Below is a list of functions you can select when updating or creating a Budget item

  • Category – The Category drop down is your group to allow you to organize all your categories such as automotive as mentioned in the summary. We provide you with some pre-defined Groups but you can choose to create your own by selecting “Add Category”.
  • Sub-Category – The subcategory is what directly ties your Budget amount to that item. When creating a new Transaction, this is the field you will select in the category drop down to apply to your Budget.
  • Amount – This will reflect how much you are willing to spend in this category on a monthly basis. Once you go over this amount, a graph will appear in red to warn you.
  • Starting Month – This allows you to tell us when you would like to start tracking your Budget for this item. That way your total Budget expenses at the bottom will not get reflected if you want to start your Budget at a later date.
  • Budget Type – The Budget Type allows you to specify if this Budget item is an expense or deposit. This will get calculated into the Totals Summary at the Bottom and give you a Net Total once all expenses and deposits have been entered.
  • Add to My Bills/Income – We also allow you to quickly tie your Budget to a new Bill with this option instead of having to create a Bill from the My Bills page. If your Bill is on a weekly basis or you would like to changes more of the details related to that Bill, you can instead create the Bill on the My Bills page and select either a new category, or one you’ve already defined on this page.
  • Transfer Budget Amounts – You’ll notice that each Total Available Amount is a link. This will take you to a page that allows you to transfer your Budget amount to a separate category for the current month. This is useful if you’ve gone over you Budget, and would like to pull funds from another Budget Category to make up the difference.
  • Transactions – Under the Spent / Deposit column, each amount is a link which will take you to the My Transactions page and filter off of the category you’ve selected.
  • Reallocated Amounts – If you’d like to change your Budget for the current month or a range of months, you may do so by updating your Budget Category. Click on the name of your Budget link under the Category column. At the top you will see a “Reallocate” link. From here, you can specify how much you’d like to change the amount for.