Quick Start Step 3: Budget Your Money
You have goals. You have money. You’re ready to budget. All that money in your accounts from Step 2? It's sitting in To be Budgeted, right at the top of your budget.
The next step is to give all your dollars jobs, until To be Budgeted is zero. Start with Immediate Obligations, move to True Expenses, then work your way down your categories until To be Budgeted is zero. Not more, not less. Zero.
Stay out of the red!
If your To be Budgeted turns red, that means you have overbudgeted. You're missing out on the power of prioritizing and are putting money in categories that you don't actually have! Click the To be Budgeted number to move some money back from a category!
Three Ways to Budget
You have three ways to get your dollars where they need to be. You should try them all. You may have a favorite (but don’t tell the other ones if you do).
Remember the goals you created and how they made categories orange? Orange always means you’re underfunded, and you can budget underfunded categories with a single click.
Find that button in the Inspector (over on the right!) and click away. Done. You can do this one category at a time, one category group at a time, or your whole budget.
When you have a little bit of history in your budget, you’ll be able to jump start based on spending averages and other historical whiz-bangs. But that’s jumping ahead.
In the Category
You can type a number of dollars right in your category. Need $90.00 for that cat toys category you just created? (Do you? Really?) Just type $90 there and move onto the next one.
You can also just click on To be Budgeted, enter the amount you want to move, select the category, and boom! Dollars are budgeted.
This one is especially handy when you already have $73.91 budgeted to a category and you want to add $18.76 more – and you loathe arithmetic. It’s okay, Move Money has you covered.