By setting a spending budget, you can track how much you spend on a particular category throughout the month. You can also align your spending budget to match your pay cycle.
Below we tell you how to set a budget and how to edit the date your budget runs from and to.
Setting a Budget
To get started, head to Planning and select Spending Budgets. Select Add a budget, where you have the option to either choose a category from the list provided or search for a specific category using the search field.
When you select the category you want to set a spending budget for you will be given the minimum, average and maximum amount that you spend in that category.
The budget amount will default to the average, you can easily change this by entering your amount in the field provided. Select Save my budget. Voila!
Customise your Spending Budget Cycle
The date your budget runs from and to is automatically set to start on the first day of the month and end on the last day.
To change the date range your spending budget runs from, select Edit period and then select the date you'd like the budget to start. Select Continue and in the next screen choose what to do if your selected date falls on a non-working day, such as a weekend or a bank holiday. We recommend choosing the previous working day.
Select Done and you're set to go!