Having a budget helps you manage your money, control your spending and savings, pay off debt, or stay out of debt.
Below are the guidelines that you can use to set up a budget, create a separate monthly amount, change the default budget, or delete one from the settings.
[1. How to set up a budget]
1) Go to "Budget" on the Trans tab and click on Budget Setting.
2) On the Budget Setting page, select the category to which you wish to allocate a budget.
3) Insert the amount and click save to add the budget.
4) The newly added budget will appear on the Budget page.
You will see the budget bar is filling up as you record your expenses. The line on the bar indicates your current recommended spending limit based on the amount of the budget and the current date.
The Total Budget on the top helps you keep track of your budget status as a whole.
Once you set up a budget, the amount will be applied as default for all the other months.
If you tap a budget bar, you can also view the graph of the spent amount for each month.
[2. How to edit a separate monthly budget]
1) If you wish to have a different budget for an individual month,
go to the Stats tab > Budget Setting > Select the budget you wish to edit
2) Select the month you wish to edit.
3) Enter the budget amount and save.
[3. How to change the default budget]
1) You can also change the default budget amount.
From the Budget Setting page, tap the 'Default Budget' at the top
2) Insert the new budget amount and save.
3) You will see that the default amount has been changed.
※ Please note that the changes to the default budget will be applied starting next month.
(For example, assuming that the current month is May, and you have changed the default budget, the changes will not be applied to May and its previous month, but to June and onwards.)
In addition, if you had edited the budget amount for an individual month, and changed the default budget afterward, the change will not be applied to that individual month.
(For example, if you had edited the amount for July, and changed the default budget, the budget for July will not be changed as you see below.)
[4. How to delete a budget]
1) Go to the Budget Setting page from the Stats tab.
You can also access the page by going to More > Budget Setting.
2) Click on the category you wish to delete.
3) Click on the trash box button in the top right corner.
Once you click YES on the confirmation message, the budget will no longer appear on your Budget page.