The "You've budgeted" sidebar on the budget page is useless for planning because it doesn't take into account if I've gone over or under budget. Am I using it wrong?

I never spend exactly on budget, so how is this supposed to help me plan anything realistically? Seems like nothing more than a way to get lost in fantasy land...

Answer

Hi edkolis


Please note that the "You've Budgeted" box on the right hand side of the Budgets Page includes the following:

1. Income:  you have budgeted (in total, not "so far") 

2. Spending: the sum of the budgets for each spending category you have set up.  

3. Left Over:  should be the difference between the Income and Spending 

Note:

- The "Spending" number in the Budget page is not the total spending of that month. It's just the total spending of those budgeted categories of that month. 

- Spending in categories not budgeted would not appear there, while it would be included in the Net Income of the Trends page. 

Let me know if you have further concerns. 


Thank you for choosing Mint!

Mint Rae



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