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Part 11. Setting Up a Budget

Part 11. Setting Up a Budget

If you want to monitor your spending, creating a budget is a necessary task. Budgets help you understand where your money goes, as well as plan for future purchases. A budget also makes it easy to forecast your financial future.

The Budget tool is used to create a budget in Quicken. For fast results, you can let Quicken create a budget for you based on your income and expenditures, as long as you have several months' worth of transactions already recorded in Quicken. Or you can choose to create a budget manually, by defining which categories to track and entering budget amounts yourself.


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