Answer:
To manage monthly expenses, you can consider the following methods:
Method 1: Use the Reports feature to view monthly details
In the Reports section, select the time range as "Year" to see all months listed. Then you can then select a specific month to view detailed expense information. This method will offer a convenient way to view and analyze expenses by month within a single interface. Helps in generating a line chart to summary and comparison across different months.
Method 2: Create a new wallet for each month
Set up a separate wallet in the app for each month, and use it to track all transactions for that specific month. It will provide a clear and organized way to separate expenses by month, making it easier to analyze and compare spending over different months.
However, this method will have some disadvantages:
- You need to set up and manage several wallets, which can be a hassle and take a lot of time.
- Splitting your transactions into different wallets might make it harder to see your overall financial situation.
- Analyzing trends over several months can be more complicated because you have to gather data from multiple wallets.