Auto-Assign

Want to get a jump start on your budgeting instead of beginning with a blank slate? (Not that there's anything wrong with that...) Auto-Assign makes budgeting simple and fast. It's not a one-size-fits all technique, either: there are several different options. You can use the approach that best fits your unique budgeting needs.

Auto-Assign will be both at the top of the budget next to Ready to Assign and on the far right side in the inspector

In the Budget, you’ll see the Auto-Assign options in the Inspector (what we call the light blue sidebar to the right of your budget). You'll also notice the Auto-Assign button next to Ready to Assign at the top of your budget. 

What To Expect

When no categories are selected, Auto-Assign options reflect the whole budget, not including Hidden Categories. Clicking an Auto-Assign button will ask you to confirm updating the Assigned amounts in your categories, and once confirmed, it will  immediately update your Assigned values. By selecting one or more categories or category groups, you can focus your Auto-Assigning efforts.

Don't like the results? 

The Undo button is at the top of the budget above the category list

Undo it! Click the Undo button below the month name in your budget and try something else. (Only available in the web app.)

Auto-Assign Options

There are five options that will add money to your categories when used:

  • Underfunded: This option will assign enough to fund your Targets in their order of priority, in addition to covering upcoming transactions and overspending. If you want to dig into the logic behind this option, take a deep dive into the Underfunded Help Doc!
  • Assigned Last Month: Some assigned amounts don’t change month-to-month. Rent/mortgage, for example. Use this option to assign the same amount as the previous month.
  • Spent Last Month: If the previous month’s spending was a pretty good template for the current month, fire up this option.
  • Average Assigned: An up-to-12-month rolling average of the assigned value for this category, starting from the first month you assigned money to this category. The current month is excluded. (If you're in your fourth budget month, and you started assigning money to the selected category in your second budget month, it will calculate your average over months two and three.)
  • Average Spent: The not-so-hidden gem of Auto-Assign. Spending averages are super-honest. We’ll show you an average of up to the last 12 months—use it as the basis for your budget, and you’ll likely be right on target.

And three options that will remove money from your categories:

  • Reduce Overfunding: If there are any targets in your budget that have more money assigned towards them than they need, this option will remove the extra money from those categories and send them back to Ready to Assign
  • Reset Available Amount: Sometimes it's best to re-prioritize every single dollar in your budget. This button will allow you to do just that. By resetting Available amounts, those dollars will go right back Ready to Assign. It's like a mini Fresh Start! When you do this, you may notice that some Assigned columns become negative, which is a-ok, as long as it doesn't happen in a future month. This is not a good option for future months, because it can cause overspending if it is used in the future.
  • Reset Assigned Amount: As you might expect, this option will change the value in the Assigned column to zero. If no categories are selected, it will apply to the whole budget—but there's a prompt to confirm that decision.

No matter which Auto-Assign option you use, remember it's important to only assign money that you already have to categories. If Auto-Assign ever turns Ready to Assign red, make adjustments until it returns to a happy, gray $0.00.

Did this answer your question? Thanks for the feedback There was a problem submitting your feedback. Please try again later.