The Left to Budget and Over Budget amounts at the top of the budget in EveryDollar are based on your planned income and planned expenses, not your tracked transactions. To change either amount, update your planned income amounts or planned amounts on your budget items.
Before You Begin
- Open the budget month you want to update.
- Review the Planned column amounts for your income and expense items in the budget.
Steps
- Check the amount at the top of your budget to see whether you have money Left to Budget or are Over Budget.
- If you are Over Budget, select an expense budget item and reduce its Planned amount, or add additional planned income.
- Continue updating your planned income or expense amounts until the Over Budget amount is zero.
- If you have money Left to Budget, select a spending, savings, or debt budget item.
- Increase the item’s Planned amount to assign the remaining income a job.
- Continue assigning money until the Left to Budget amount is zero.
- When your Left to Budget or Over Budget amount is at zero, it will say "It's an EveryDollar Budget!"
Additional Information
Tracking, moving, or deleting transactions does not change the Left to Budget or Over Budget amount. Those totals only update when you change planned income or planned expense amounts.
Once your monthly budget is balanced, track your transactions throughout the month to monitor your spending against the amounts you planned.
Next Steps
Don't be afraid to adjust your budget as you go through the month. If you need to increase a planned amount for a budget item, also decrease another budget item to keep the budget balanced and in a good place. Check out our Budgeting 101 group coaching call to visually see someone applying these concepts.