Frequently Asked Questions that will help you
What does nett income mean?
A wage earner's nett income is the "take-home pay" after tax and any other deductions taken out before you receive the money.
What does gross income mean?
A person's income before tax or other deductions.
Why does the monthly report show $650 for the "rent" expense, when I put in that it is $150 per week? This should work out to be $600 per month.
Some months have five weeks instead of four. Therefore, a true monthly figure is calculated by multiplying the weekly expense 52 (number of weeks in a year) then dividing by 12 (number of months in a year). Budgets4You, personal budget software does this automatically for you.
How can I change my password?
Click on the "personal" tab at the top of the login home page. Here you can change your password, edit your contact details, and update your subscription.
What is the Dynamic Calculator on the site, and where is it located?
On the left hand side of the screen when you are creating or changing your budget figures you will see the wording "Dynamic Calculator". Click on it, a screen will drop down, click on "update", and as you move through the categories and you can track how you are progressing through the budget.
How often should I look at my budget?
As often as you like; every payday is a good time to review your budget, as things may change week to week, pay to pay.
How often should I look at my bank and credit card statements?
Every month or every time you receive a statement. By looking at your statement regularly you may pick up a mistake, a charge you did not know of, or someone using your cards or accounts illegally.
Why do banks send me emails asking for my login and password details?
They do not; these are scams tying to access your account details. Do not enter ever your details. If in doubt, call your bank.
How do you know if a website you want to buy something from, or enter banking details into, is safe?
Have a look next time you are on your bank's website or a website where you want to buy something. You will see the URL (web address at the top of the website) begins with https://. This is called "Hyper Text Transfer Protocol Secure." There is also a lock symbol located in the URL screen or at the bottom of the page, this ensures secure ecommerce transactions.