Home Budgets in GoTaskhub
Updated 2025-11-06
Home Budgets in GoTaskhub help you plan monthly spending, keep categories on target, and get proactive alerts before you overspend. As you log expenses (or import them), progress updates in real time so you always know where you stand.
What a budget includes
- Period: typically monthly (supports custom cycles).
- Categories: e.g., Groceries, Utilities, Fuel, Rent.
- Allocated amount: planned spend per category.
- Rollover (optional): carry unused amount to next period.
- Alerts: notifications at chosen thresholds or when exceeded.
- Notes: rationale or constraints for the month.
Create a budget
- Go to Home → Budgets and click New Budget.
- Select the period and choose your categories.
- Enter the allocated amount for each category.
- (Optional) Enable Rollover and set alert thresholds (e.g., 75%, 90%).
- Click Save. Your budget starts tracking immediately.
How budgets track your expenses
Each expense you add (or import via CSV) is assigned a category. Budgets automatically total those expenses against the month’s allocation and show Used, Remaining, and % spent.
- Change an expense category to instantly update budget totals.
- Use filters to review a single category’s transactions for the month.
- Attach receipts to keep proof-of-purchase in one place.
Alerts & rollover
- Alerts: get notified at 75%, 90%, or when you exceed the budget.
- Rollover: carry unspent amounts into the next month to smooth out variability.
- Lock on exceed (optional): prevent adding new expenses to a category unless overridden.
Categories & envelope-style planning
Use categories like “Groceries”, “Transport”, and “Kids”, or create your own. Think of each category as an “envelope”—you assign a monthly amount and spend from it.
- Split big categories (e.g., “Transport” → Fuel, Maintenance, Insurance).
- Combine small categories into one envelope for simplicity.
- Adjust mid-month—budgets are flexible and can be rebalanced as needs change.
Analyze your progress
Use Analytics to compare planned vs. actual spending over time. Spot trends, identify overspend categories, and fine-tune next month’s allocations with data.
Tips
- Start with last month’s totals to set realistic category amounts.
- Enable alerts so you can adjust before you overspend.
- Use rollover for variable categories like utilities or fuel.
- Pair budgets with Savings Goals to ring-fence money for future plans.
Troubleshooting
My budget totals look wrong
Check that each expense is in the correct month and category. Edit or recategorize outliers, then refresh the budget view.
Rollover didn’t apply
Verify rollover is enabled for that budget and that the previous month finished with a positive balance.
Alerts aren’t firing
Confirm alert thresholds are set and notifications are enabled for your account.
Frequently asked questions
How do budgets connect to expenses?
Each expense is assigned a category. Your budget totals update automatically based on the category the expense belongs to.
Can I roll over unused budget to next month?
Yes. Enable rollover on the budget to carry remaining funds forward automatically.
Can I get alerts when I’m close to overspending?
Yes. Turn on alerts to be notified at thresholds like 75%, 90%, or when you exceed the budget.
Do budgets support multiple currencies?
Budgets use your workspace currency by default. Expenses in other currencies are converted using your set rules before applying to budgets.