How do I create a budget?
Budgets Overview
When you first use Budgets, you have the option to either "Auto-Generate Budgets" or start from scratch. We encourage you to use the auto-generate budgets feature, which will create a starting budget for you based on your average spending in each category over the previous 90 days.
Once budgets are created, you'll see bubble budgets by default, but a list is also available. Click on the small list or bubbles icon at the top left corner of Budgets to toggle between the views.
The color of your bubbles indicates whether you are on track, nearing your budget limit, or over limit:
- Green: below 80%
- Yellow: between 80-100%
- Red: over 100%
The size of your bubble represents the budget amount, relative to your overall budget. The larger the bubble, the more of your overall budget that category consumes. Budgets of subcategories appear as lighter-color bands around the edge of a budget.
Change months using the navigation bar above.
Click on the projected income bar to edit projected income.
Budget Details
Click a budget to view spending trends in that budget, add sub-budgets, or view budget transactions for the month.
Edit a Budget
- Click the pencil icon to edit or delete the selected budget.
- To delete a budget:
- Click on the budget bubble to open the detail view.
- Click on the pencil icon.
- Click "Delete [budget name]"
- Click "Delete" again to confirm.
Note that a parent category's budget won't decrease if you delete a subcategory budget.
List View
The list view allows you to see a detailed list of categories and subcategories. Here, you can quickly make budget edits without the need to navigate in and out of the budget details window.
The colored bars represent the status of your budget:
- Green: below 80%
- Yellow: between 80-100%
- Red: over 100%
The left side of the screen shows a list of categories and corresponding budgets. Clicking a budget displays a list of child budgets, along with the amount you've used.
Click a budget to make changes. Click the budget amount to increase or decrease it.
A trash can icon will also appear to allow you to delete. After you click on the trashcan, click "Delete" in the pop-up screen.