💰 Getting Started with Budgets
With budgets you will be able to create and manage budgets to plan and control your spending.
Budgets in Balancia are flexible and powerful tools that allow you to:
- Set spending limits for specific time periods
- Divide your budget into segments based on your priorities
- Track how transactions impact your budget
- Run multiple budgets simultaneously for different objectives
Core Concepts
In this section, we'll cover:
- 📊 Budgets - Time-based financial plans with names and periods
- 🧩 Segments - Divisions of a budget, each with a percentage allocation
- 📌 Imputation - Assigning transactions to budget segments with flexibility
These concepts work together to give you complete control over your financial planning. Continue reading to learn how each component works and how to use them effectively.