Get Started

How to get started:

Step Examples Hint
1) Download
2) Install and Run
3) Create
Monthly Budget
(optional)
Income Budget:

  • Salary
  • Bonuses
  • Benefits

Expense Budget:

  • Every Day
  • Entertainment
  • Purchases
  • Bills
  • Car
  • Charity
  • etc.
This is important step. Take some time. Think about how you want to track your expenses. Try to fit all your expenses into 10 or less high-level Budget Categories (5-7 is ideal). Fewer Budget Categories will help you stay focused. At least separate your variable expenses from your fixed expenses.

  • Variable expenses are easy to play with
  • Fixed expenses (bills, mortgage, gym, etc.) will occur every month no matter what you do. You will need to change your lifestyle (switching to a cheaper cell phone provider or canceling your club membership) to have impact on these categories.

Note: You can adjust your Budget Categories later. And you will definitely do so once you build some history and learn your spending habits.

4) Set up Accounts
  • Checking
  • Saving
  • Credit Cards
  • Wallet or Cash
  • etc…
All debit accounts should be set up in the top portion of the screen. While all credit accounts, like credit cards should be set up in the lower half of the screen.

Note: Check Transactions screen to see how many accounts fit on your screen without scrolling to the right. You might want to combine accounts together for simplicity if you have too many.
Use Account Groups to show/hide certain accounts.
5) Enter / Import Transactions
  • Income
  • Expense
  • Transfer
  • Reimbursable Expense
  • Reimbursement
Once you have set up your Accounts and Income / Expense Budget Categories you can enter your transactions. The easiest way is to upload transactions from your bank statements. Go to your online banking and download statements in Excel/CSV format

Note: If your main goal is to understand your saving potential – you may choose to round everything to 5 or even 10 dollars. Don’t waste time entering and looking at cents. Moneyble can be configured to automatically round amounts.
6) Review Budget Dashboard
(optional)
Budget Dashboard displays month over month Budget for a year Here you can review how much you have spent this month and how it compares to previous months.

Note: You might want to import statements from a few previous months – this will help you understand your spending habits right away.
Budget Dashboard provides all kinds of comparison formulas. You can also adjust your budget here. Remember: Budgeting is key to financial independence.
7) Set up Scheduled Transactions
(optional)
  • Bills
  • Credit Card due date payments
  • Paychecks
Cash flow planning is easy with Scheduled Transactions. Also Scheduled Transactions will eliminate unnecessary data entry – Moneyble will automatically generate transactions and you just need to approve or cancel. Well organized household has 30%-40% of transactions that can be pre-planned / scheduled. Moneyble will not only show you how much cash you have today but also how much you will have on any given day within the next month. You will see if you are going to be low on cash or when you will have available funds for new investments.
This is especially useful to keep credit cards under control and generate due date payment reminders.