A budget is a plan to spend money over a specified period. For example, you may want to spend only $300 for Food this month because you want to save more to buy a new phone. See how Budget spending with MoneyLove here.
Here is explanation how Budget forecast works for you.
- Actual daily spending: The average amount of money you have actually spent the last days: $5 per day
- Recommended daily spending: for the rest of the period, this is the average amount of money you should spend each day if you do not want to break your budget: $6 per day
- Projected spending: If you continue to spend the amount of money like the Actual daily spending $5 for the rest of the period, you would spend that amount of Projected spending $134 at the end.