This is where you can track the progress of your spending against your expected/budget amount. Make sure you come here regularly to see how you are tracking. You can use the filters to change the view to display your progress for different periods.
Budget is how much you expected to spend in that category. This can be updated in SETUP BUDGET.
Actual is how much you actually spent. You can add your expenses in ADD EXPENSE.
Variance is the difference between the budgeted and actual amounts. Your goal should be to keep your variance GREEN which means you are spending less than you budgeted. RED means that you have spent more than you budgeted. Try to reduce your spending in these areas. It can be helpful to monitor your problem areas more closely using the star feature in the SET UP BUDGET. This will make that Expense Type show on the dashboard so you can pay special attention to it. If you know it’s impossible to reduce your spending on that Expense Type you may need to increase your budget for that item. Make sure that your overall budget is less than your overall income though. You may need to decrease your budget elsewhere.
| Expense | Budget | Actual | Variance |
|---|
[[item.budgetName]][[item.budgetName]] | Budget[[item.formattedBudgetValue]] | Actual[[item.formattedActual]] | Variance[[item.formattedVariance]] |
TotalTotal | Budget[[householdData.formattedBudgetTotal]] | Actual[[householdData.formattedActualTotal]] | Variance[[householdData.formattedVarianceTotal]] |
| Expense | Budget | Actual | Variance |
|---|
[[item.budgetName]][[item.budgetName]] | Budget[[item.formattedBudgetValue]] | Actual[[item.formattedActual]] | Variance[[item.formattedVariance]] |
TotalTotal | Budget[[transportData.formattedBudgetTotal]] | Actual[[transportData.formattedActualTotal]] | Variance[[transportData.formattedVarianceTotal]] |
| Expense | Budget | Actual | Variance |
|---|
[[item.budgetName]][[item.budgetName]] | Budget[[item.formattedBudgetValue]] | Actual[[item.formattedActual]] | Variance[[item.formattedVariance]] |
TotalTotal | Budget[[personalData.formattedBudgetTotal]] | Actual[[personalData.formattedActualTotal]] | Variance[[personalData.formattedVarianceTotal]] |
| Expense | Budget | Actual | Variance |
|---|
[[item.budgetName]][[item.budgetName]] | Budget[[item.formattedBudgetValue]] | Actual[[item.formattedActual]] | Variance[[item.formattedVariance]] |
TotalTotal | Budget[[insuranceData.formattedBudgetTotal]] | Actual[[insuranceData.formattedActualTotal]] | Variance[[insuranceData.formattedVarianceTotal]] |
| Expense | Budget | Actual | Variance |
|---|
[[item.budgetName]][[item.budgetName]] | Budget[[item.formattedBudgetValue]] | Actual[[item.formattedActual]] | Variance[[item.formattedVariance]] |
TotalTotal | Budget[[childrenData.formattedBudgetTotal]] | Actual[[childrenData.formattedActualTotal]] | Variance[[childrenData.formattedVarianceTotal]] |
| Expense | Budget | Actual | Variance |
|---|
[[item.budgetName]][[item.budgetName]] | Budget[[item.formattedBudgetValue]] | Actual[[item.formattedActual]] | Variance[[item.formattedVariance]] |
TotalTotal | Budget[[medicalData.formattedBudgetTotal]] | Actual[[medicalData.formattedActualTotal]] | Variance[[medicalData.formattedVarianceTotal]] |
| Expense | Budget | Actual | Variance |
|---|
[[item.budgetName]][[item.budgetName]] | Budget[[item.formattedBudgetValue]] | Actual[[item.formattedActual]] | Variance[[item.formattedVariance]] |
TotalTotal | Budget[[miscellaneousData.formattedBudgetTotal]] | Actual[[miscellaneousData.formattedActualTotal]] | Variance[[miscellaneousData.formattedVarianceTotal]] |
| Expense | Budget | Actual | Variance |
|---|
[[item.budgetName]][[item.budgetName]] | Budget[[item.formattedBudgetValue]] | Actual[[item.formattedActual]] | Variance[[item.formattedVariance]] |
TotalTotal | Budget[[loanData.formattedBudgetTotal]] | Actual[[loanData.formattedActualTotal]] | Variance[[loanData.formattedVarianceTotal]] |
| Budget | Actual | Variance | |
|---|---|---|---|
Expenses TotalExpenses Total | Budget[[overallTotals.formattedExpenseBudget]] | Actual[[overallTotals.formattedExpenseActual]] | Variance[[overallTotals.formattedExpenseVariance]] |
Income TotalIncome Total | Budget[[overallTotals.formattedIncomeBudget]] | Actual[[overallTotals.formattedIncomeActual]] | Variance[[overallTotals.formattedIncomeVariance]] |
Surplus / DeficitSurplus / Deficit | Budget[[overallTotals.formattedSdBudget]] | Actual[[overallTotals.formattedSdActual]] | Variance[[overallTotals.formattedSdVariance]] |