4. How to Add Expenses and Savings

In this class, you will learn how to add annual living expenses to your profile. Please note that mortgages, student loans, or other debt payments and insurance premiums are automatically included in cash flow when linked or manually added. They DO NOT need to be added here.

 

    1. Click on the “Organizer’ tab at the top of the webpage.
    2. Click “Income, Expenses, and Savings” from the menu on the left.
    3. See the “Annual Living Expenses” section and click the “Add Itemized” button.
    4. Choose to enter itemized expenses for your convenience or enter a single annual expenses line item. Expenses are considered “Mandatory” (non-discretionary), unless you uncheck the box.

      * Please note that mortgages, student loans, or other debt payments and insurance premiums are automatically included in cash flow when linked or manually added. They do not need to be added here.

    5. In the “Annual Contribution and Savings” section, add annual savings amounts for any account you contribute to regularly (such as 401k accounts, IRAs, savings accounts, HSAs, and other investment accounts).  

 

Let’s move on to the next step:

HOW TO LINK ACCOUNTS
HOW TO SET UP A BUDGET