Documenting overspending
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Madison McGuire
I would love to see a better way to track overspending. For example, I used a credit card over the last week for several expenses. I created expenses for those in the app which obviously made those envelopes negative. Now that I’m creating a new budget for my next paycheck, it’s really difficult to get around those negative envelopes. I can’t exactly reset them because I am not budgeting (in this paycheck) repaying those expenses quite yet. Because of my negative envelopes too, my income I budgeted for is a bit off. I created an envelope to document overspending but I can’t transfer those negative balances to that envelope. I’ll work through it for this pay period, but would love to see a different way to handle this!
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Sasha
Hey Madison,
Thanks so much for sharing your feedback and walking us through your experience -it’s super helpful to hear how different situations play out for you in the app. Our app is designed with the intent that you only spend what you have, so overspending can create challenges like the ones you described.
That said, we completely understand that life happens, and managing those negative balances can sometimes feel tricky. If you have ideas for how you'd envision handling overspending differently - whether that's how it's tracked or managed - we’d love to hear them!
Thanks!!
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Madison McGuire
Sasha totally understood! For this time I renamed the envelopes that were negative to get around them and then created new envelopes for those same categories so that I could budget for those expenses without affecting the negative balances since I didn’t pay them off yet. I think my main hiccup was when I created a new budget. I had negative balances so it decreased my total income I was adding when I got paid. That is the part I think I would change - like maybe an option to disregard those negative balances when adding my income. I hope this makes sense!!