Each month, copy categories automatically to next month and track. See 'Accumulated savings" grow so they can be used for the assigned purpose.Ĩ. "Enter actual spending" against each category to keep track of expenses against assigned limits. "Unallocated Amount" is shown that allows rebalancing between spending and saving and a balanced budget is achieved when it is down to 0Ħ. User creates "Saving Categories" (like Vacation to Europe, college fund, save for a house, save for a car etc.) and assigns "saving amount" to eachĤ. User creates "Budget Categories" (like Home rent, car payment, electric bill, Eat out, clothes shopping etc.) and assign "spending limit" to eachģ. User is prompted to enter the "take-home" (say 8,400) amount for the monthĢ. Rollover savings allows savings to accumulate in buckets that rollover each month until you decide to spend, for example, rollover savings for a car, travel, big ticket item, house renovation etc.ġ. Savings categories allow you to save for a specific purpose rather than a general savings category in your bank account. This software allows users to create a balance between spending and saving so you can enjoy life better and make better financial decisions.Ĭategories for spending allow you to spend freely until you reach the limit and then wait for the next month. Create a Home Budget in 5 minutes each month and avoid over/under spending and over/under saving.
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