What is a budget?
The first thing you need to do to start saving money is to create a budget. A budget is basically a financial plan for a defined period, usually a month. It goes by an estimation of the expenses to be made in a particular month, leaving a sufficient amount for savings.
How to create one?
The Expenses Manager lets you create a budget by setting the total amount of money that you want to spend in a month. You can also set category-wise limits on your expenses by setting a category-wise budget. Setting a category-wise budget will also let you analyze your expenditure w.r.t. the budget, and can even alert you whenever you go off-track (if you’ve enabled budget alerts).
If you’ve any queries, feedback, or suggestions, you may contact us at help@expensesmanager.in.