Funds are designed to help you save money over time for expenses that don’t happen every month, like car maintenance, holiday gifts, or annual insurance payments. They give you a clear view of how much you’ve set aside, how much you’ve used, and how much is left.
Here’s how Funds interact with your Planned, Spent, and Remaining amounts in your budget:
Planned Amounts
The Planned amount is how much you’ve chosen to set aside for that Fund item in your current month’s budget.
When you add money to a Fund in your budget, that amount shows up as “Planned” for the month.
The total balance of the Fund includes both past savings and what you’re planning to add this month.
Example:
You already have $200 saved in your “Car Maintenance” Fund, and input $50 to the Planned column for this month. Your Fund balance will show $250 total, and $50 will appear as the Planned amount in your budget.
Spent Amounts
The Spent amount reflects how much you’ve used from that Fund during the month.
When you track a transaction in that Fund item, the money is withdrawn from your Fund’s balance.
The Spent number for the month will increase, and the Fund’s balance will decrease accordingly.
Example:
You pay $75 for an oil change from your “Car Maintenance” Fund. When you track the transaction, your Spent amount becomes $75, and your Fund balance drops to $175.
Remaining Amounts
The Remaining amount is how much money is left in your Fund for future use.
This is the Fund balance after subtracting what’s been spent.
Any unspent amount automatically carries over month to month, building up over time.
Example:
You had $250 in your Fund and spent $75 this month. Your Remaining amount is $175. The $175 remaining balance will roll forward to next month’s budget.
To Recap
Planned: What you’re contributing to the Fund this month.
Spent: What you have used from the Fund this month.
Remaining: What is still saved in the Fund after spending.
Funds keep your money organized, flexible, and ready when those non-monthly expenses come up, so you’re always prepared, and your budget stays balanced.