PocketGuard allows you to get the necessary context of your expenses by breaking them down into sections so you always know how much money you spend on home-related cases, or hobby, or any other aspect of your life.
You can also hit See your budget to see the breakdown of your "In My Pocket". Besides that, all transactions in unbudgeted categories are listed in the “Other categories” section as well as paid bills. However, you can drag and drop "Other categories" to one of the sections. Important: the “Estimated income” and “Other categories” sections cannot be modified or deleted. To roll over the leftover amount to the next month, you should create a cash income transaction for the same amount as the leftover in the next month. NOTE: leftovers are not rolled over to the next month. IN MY POCKET starts over on the 1st of each month and shows how much money you have for monthly or daily spending. In this case, your IN MY POCKET will be equal to income ($3000) minus budgets, household expenses, and bills = $1200. Thus, you will always know where your money goes and how much you can spend or save at the end of every month.įor example, you have created several sections, let’s say - budgets ($500), household chores ($300), and bills ($1000).
In order to get the correct IN MY POCKET amount, we subtract all expenses that you have broken down by sections from your income.
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