Tracking your spending is simple when you record each transaction. There are many different ways you might part with your money, and each of them would classify as an expense in your budget.

Here are some examples:

• Paying your rent.
• Buying groceries.
• Giving money to a friend.

Whenever you record an expense, you must fill out these fields:

• Amount
• Category
• Merchant
• Date

It is highly recommended that you fill out every field every time you log an expense, otherwise your transaction might be difficult to find later on.

Step-by-step Instructions

You can record an expense transaction by following these steps:

1. Click the + button to add a new transaction.
2. Make sure Expense is selected, and not Income or Transfer.
3. Add the amount. E.g. 50.00 if you spent $50.
4. Select the category you would like the money to flow out of.

This money will then be subtracted from the category you assigned it to, and the category will show a lower balance in your budget for the month that the transaction occurred in. You may have a positive balance leftover, or you may need to add extra money to the category to prevent it from being overspent.