Newbie Questions

I have created my first budget and I think I have a handle on budgeting the money you have now, and how that works with pay days.

First question is that I have money left over each check.  What do I do with this money since every dollar needs a job?  Create a safety net category to have 2 months worth of bill set aside?  Put dollars in savings?

Second question are goals.  I understand the two goals for saving money by a date or an amount.  Which leaves the Monthly Funding goal.  For the rent or electric bill, do I used this goal?  Not sure I understand the purpose of entering the Target Budget Amount.

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  • 3 yrs agoLast active
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