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Budget Management

Feature RequestHigh Priority

An essential part of financial manager is budget management. I love this app (that’s why I bought it) but I think the budget management feature is too rigid. I want to suggest the following:

  1. Transferrable Budget

As the name goes, we need to be able to transfer amount from one budget to another. For example if I have a budget of $200 for fuel and have overused to have a deficit of $20. I can transfer budget from other less important budget. I can transfer a budget from my groceries for $20 to fuel, to make it $0 and now I have to live with less budget in groceries. This feature is important to management your spending and setting expectations.

  1. Income to Expense Category (Budget)

This is again important if I have a deficit. If I have a deficit of $20, I may decide to work part time to cover my deficit. So if I have an income of $20 and put it under expense budget, it will increase my budget to $0 and now I can live happily without any deficit.

  1. Editable Budget Amount

I can see the current feature made that only categories are editable once a budget is made. Allowing the amount to be edited is also a good idea to allow freedom in budget management.

I hope you can consider my suggestions. Would definitely recommend to my class of personal management 😁

Posted by Anonymous ·
Status: Completed5 comments

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Comments5

  • MoneyCoach [Official]

    •

    Jun 3

    Hi there,

    Great news 🚀

    All-New Budgets are now available in MoneyCoach.

    We’ve shipped this improvement to make budgeting more useful and actionable in day-to-day planning.

    You can update the app and start using it now.

    Learn more here: https://moneycoach.ai/category-budgets

    Thanks for the feedback and for helping shape MoneyCoach.

  • Perjan from MoneyCoach

    Team•

    May 15

    Hi,

    I wanted to personally share an update on budget integrations because this is something you asked for.

    We’re testing the polished beta now, and I’m genuinely excited. Seeing it come together already makes the product feel more powerful and more connected to the workflows people have been asking for. If testing keeps going well, this should be out in the next couple of weeks, possibly even days.

    I showed a sneak peek in my previous livestream here:

    https://youtube.com/live/TGBQCF-mGSY?feature=share

    If you’re interested in this, DM me on social media. I’d love to know what integrations or workflows would matter most to you before release.

    Best,

    Perjan

  • Perjan from MoneyCoach

    Team•

    May 13

    Exciting update: Budget Management is now in progress and nearly done. We’re wrapping up the last pieces so budgets feel more flexible and easier to manage in real life. Thanks for the continued votes and detailed feedback — it helped shape the final stretch.

  • Juan Sebastian Montoya Perlaza

    •

    Mar 4

    •

    Merged request

    •

    1 vote

    Summarize budgets

    We can manage many kind of budget, It would be amazing if we can see the Total Budget and it performance.

  • Daniel Schilling

    •

    Oct 10, 2024

    schillingdaniel010@gmail.com