How it is calculated
Share = spending in the category ÷ all spending. The numbers stay in your browser. For a real budget with plan and actuals, see Module 9 “Managing cash flow”.
The terms in the Glossary
- Personal budget — A personal budget is a plan of how much money comes in and where it will go over a period — for example a month — regula
- Fixed and variable costs — Fixed costs stay the same however much you sell (rent, salaries, subscriptions), while variable costs rise and fall with
- Saving — Saving is setting aside part of your income today to use later — for a reserve, a goal or the future — with the money ke
- Pay yourself first — "Pay yourself first" is the principle that saving is the first expense on payday, not whatever is left at the end of the