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Budget is a word that is used in many different contexts. In Budget Forward we have an overall Plan which can contain multiple budgets. A Budget is a high level way to group your expenses or income into broad categories. The total amounts for these budgets, when simulated over your Budget Period form your budget rings.

There are two rings represented. The outer green ring represents all budgets which have a positive value. In other words, any budget that provides income. The inner blue ring represents your expenses. This means a gap in your expenses ring is a positve sign that your income outweigh your expenses. A gap in the green outer ring indicates you are budgeting more expenses than income.

An advanced use case for budgets is creating a budget that contain both income and expenses. This can be done in cases where the expense is unavoidably tied to the income, such as a yearly train ticket for work travel, or childcare. This allows you to easily see the total disposable income in your budget.

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Budget Forward - Learn More

Wednesday, 4 November 2020

Budget Forward is a budget planning app that takes your savings and debts along with your income and expenses and simulates your future financial position. You can also set goals such as repaying or offsetting loans, paying off credit cards and saving for future expenses. Budget Forward will know when you have available funds and allocate them to these goals according to priority.

Getting Started

Thursday, 11 June 2020

It can be really daunting to start budgeting, so here we take a look at the structure of a plan in Budget Forward and the best way get started.

Accounts

Thursday, 11 June 2020

Learn about the three types of accounts in Budget Forward

Budget Items

Thursday, 11 June 2020

Learn about the five kinds of Budget Items in Budget Forward

Goals

Thursday, 11 June 2020

Learn about the four kinds of goals in Budget Forward

Plans

Thursday, 11 June 2020

What is a Plan