Budget Management
An essential part of financial manager is budget management. I love this app (that’s why I bought it) but I think the budget management feature is too rigid. I want to suggest the following:
- Transferrable Budget
As the name goes, we need to be able to transfer amount from one budget to another. For example if I have a budget of $200 for fuel and have overused to have a deficit of $20. I can transfer budget from other less important budget. I can transfer a budget from my groceries for $20 to fuel, to make it $0 and now I have to live with less budget in groceries. This feature is important to management your spending and setting expectations.
- Income to Expense Category (Budget)
This is again important if I have a deficit. If I have a deficit of $20, I may decide to work part time to cover my deficit. So if I have an income of $20 and put it under expense budget, it will increase my budget to $0 and now I can live happily without any deficit.
- Editable Budget Amount
I can see the current feature made that only categories are editable once a budget is made. Allowing the amount to be edited is also a good idea to allow freedom in budget management.
I hope you can consider my suggestions. Would definitely recommend to my class of personal management 😁
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Aidan commented
Without these, idk if I’ll stick with the app. Especially number 1. Going over should force you to rethink where your money is and what it’s doing. probably the one thing holding me back to switching from YNAB honestly.
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Anonymous commented
#2 is super useful
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Anonymous commented
Please please please!