Budgets - Personal Finances vs Chumz: Save & Invest Utilisation & Stats

Budgets lets you allocate your monthly income to various budgets and thus gain insights in what your money is spend on, limit how much money you spend on certain things and to be prepared for larger expenses in the future Monthly income maybe one or more incoming external or internal movements and/or money coming out of a budget. These monies are then spread over the various budgets. Some of these budgets can also be monthly, such as rent, insurance or utilities expenses, or can be once or few times per year, or even every few years only. Non monhtly expensed will also require a monthly deposit in order for the money to be available without any disruption to the financial position. A special Allowance budget can be designated for day to day expenditures which are not of a fixed nature and could profit from moneys not spend on other expenses. All monthly, quarterly or half-yearly incomes, expenditures and budgetting can be entered in Recurring Movements. These movements will be automatically inserted in the correct intervals, a number of days ahead of their due date as specified.