Trends

The Trends page can quickly show you where you're at with your budgeted (and unbudgeted) categories. You can easily see how much you have left to spend and quickly detect overspending in a particular category. You can then readjust your future budgets to more accurately reflect your earning and spending!

Use the Trends page to quickly drill down on your spending across categories and budgeted categories over a week, month, a year or by a budget period. 

You can get to the  Trends page from the menu, Budget & Reports > Trends or by clicking on a category name on the Budget page.

In this article

Understanding your earning and spending using the Trends page

See comparisons

You can use the Trends page to see and compare your overall earning and spending or you can select and analyze your specific categories. We'll break down your trends into a bar graph. This makes it easy to see how much you've earned or spent as well as how your tracking in your budgets. 

Color coding in the Trends graph

The Trends graph is color coded to help you see where you're saving, overspending, receiving refunds etc. Each color represents different information and these color keys are shown at the bottom of the graph.

Interacting with the Trends graph

  • The horizontal dotted line highlights your average earning or spending amount for a category (or categories), relative to the date range being displayed. This line gives you a reference point to help you decide whether you're setting your budgets at the right amount. 
  • It's easy to edit a budget straight from the Trends page! Just select Edit budget from the toolbar.
  • Hover over bars on your chart for more detailed information. Select the budgeted amount to see your budgets from the period reflected in the bar. Select the spent, or earned figure to see your actual transactions made during that period.
  • Switch between expense and income using the toggle in the toolbar. 

Understanding your earning and spending overall or for each category

From the side panel, you're able to choose from a variety of options to better understand your earning and spending trends across different categories! 

You can select Trends to analyze your  overall earning and spending in all categories or select specific parent categories. You can also drill down into categories and sub-categories. A green dot is shown next to categories that have budgets.


Roll-up - nested subcategories

If you nest sub-categories under parent categories you can use the Roll up toggle to see your overall trends in a parent category!

For example: If you have a parent category called  Food, with sub-categories Groceries and Eating out, you can choose to see your overall trends for the Food parent category by switching the Roll up toggle on. With the Roll up toggle turned off, the totals for Food will exclude any of its sub-category values.

Using the Roll up toggle is especially handy if you only use parent categories as an umbrella category and don't assign any transactions to parent categories. In this case, with Roll up toggled off, there will be no data to show for that parent category. Just, toggle Roll up on and the Trends graph will include the nested categories!


Compare your earning and spending trends over time in different periods

The Trends page offers adjustable time frames! Use the date picker to select an overall date range to display your trends break down within. You can choose from  Last 7 Days, Last 30 Days, Last Week, This Month, Last Month, Last Quarter, Last Year or even your own Custom Range:

Then use the View by menu to select a particular period to break down this date range by, such as  Month Period, Year Period, or Budget Period

If you set up budgets for a category and select Budget Period from the View by options, the Trends page will show a breakdown of that category by its budget periods. 

Note

If you have not created a budget for a category or if you have multiple budgets for the one category, the Budget Period option will not be available.


Evenly distribute your budgets

You can use the Trends page to evenly distribute your budgets over a set period of time. This is particularly useful if you've created a yearly budget and you'd like to see the full budget amount split over 12 months. 

For example, here's a yearly recurring budget of $1000 for the category  Healthcare starting in December. In the View by menu, select a period that is not the Budget Period. In the example below, we've selected View by Month Period. After toggling on Evenly distribute budget amounts, PocketSmith will show you a monthly breakdown of the yearly Healthcare budget.

Note

The evenly distributed amounts take into account how many days are in a month. In the example below, notice that the monthly budgeted figures slightly vary in relation to how many days are in each month.

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