Create a Home Budget in 5 minutes each month and avoid over/under spending and over/under saving.
Create a Home Budget for each month and track expenses as well as savings in multiple categories.
Allows saving for example.,
500 each month towards a “Travel to Europe” category and accumulated savings are shown by allocated category.
Allows users to save each month for specific purposes as well as track spending on a budget.
Here is how it works:-
1. User is prompted to enter the “take-home” (say 8,400) amount for the month
2. User creates “Budget Categories” (like Home rent, car payment, electric bill, Eat out, clothes shopping etc.) and assign “spending limit” to each
3. User creates “Saving Categories” (like Vacation to Europe, college fund, save for a house, save for a car etc.) and assigns “saving amount” to each
4. “Unallocated Amount” is shown that allows rebalancing between spending and saving and a balanced budget is achieved when i
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