Putting together a family budget is not difficult, sticking to it is the daunting task. In order for a budget to be effective, you have to accurately project your future spending and revenues. But most important of all, you must regularly track your budget progress and make sure you remain within its limits. The success of any household budget strongly depends on your personal commitment to closely follow the budget plans and make sure you don't overspend. Whereas mapping out a budget fit for your individual needs and purposes is something you have to do on your own, we have developed just the right online money management tools to assist you in creating, monitoring and promptly adjusting your budgets. With InEx Finance personal budgeting system, the once challenging task has become easier to carry out, especially with the following features recently added to our Budgets tool:
- The Rollover feature – you may now carry over any expense balance left from a budgeted category to the next month. For example, if you have set a spending budget for $500 for category Food, but in fact you've spent only $400 by the end of the month, then the difference ($100) will be rolled over to the next month. Thus next month the expense limit for budgeted category Food will be $600 and you can afford to spend more. Only positive balances will be rolled over from one period to the next.
- Expense limit exceeded notification – each time you add a transaction within a budgeted category that makes you go over your budget spending limit, the system will instantly alert you through a pop-up message. You should take it as a warning that either you spend your money on unnecessary things or you cover running expenses not originally included in your budget plans.
InEx Finance is the perfect online budget planner for you and your family. If you want to live within your means without feeling frustrated or stressed out, then it's time to gain control over your personal finances and start making smart money management decisions.