Hi all,
I understand available funds is essentially my income minus my filled envelopes…but is there a way to see the amount of $ after all spending? As in income minus what I have actually spent.
Sometimes I don’t spend all the money I have anticipated for (aka filled envelope) and would love to see a nice and clear number.
Thanks
Hi @Izzie - Thanks for your post!
Your Available certainly includes your Income, but it’s more than that, particularly if you’re tracking more than one Account.
You can think of your Available as the money you can use for spending (or budgeting) in all of the Accounts you’re tracking, but that isn’t in an Envelope yet.
is there a way to see the amount of $ after all spending? As in income minus what I have actually spent.
You can use the Income vs. Spending report to see how much you’re bringing in vs. how much you’ve spent in total.
That report is available on the mobile apps, as well.
Hope that helps!
Hi! Why is my income in my reports significantly higher than the one in my account and therefore making my available seem like it’s zero or even negative
If your Income is higher than expected, I’d expect your Available to be higher too.
But it’s hard to answer your question without seeing your Household. If you have questions about your specific set-up, you can email us at support@goodbudget.com. Hope that helps!
Available is not your income minus your envelopes. Available is your account balances minus your envelope balances.
Income increases account balances and expenses decrease account balances.
So your account balances will never equal your income unless you record no expenses.