What are Expenses?
With Simple Expenses, you can automate the busy work of staying on top of your recurring bills - think rent, groceries, the water bill. After the first setup, money for your budgets and bills is automatically tucked away, so you can spend worry-free, knowing your must-haves are covered.
Viewing your Expenses
The Expenses overview screen shows you the balance of the Expenses that are ready to spend now, and the ones that are building up for a future date. If you have Expenses set up with Funding Schedules, the overview will tell you how much of your next paycheck will go towards Expenses, and whether any of your Expenses are "On Track" or "Off Track".
On Track vs. Off Track
"On Track" and "Off Track" only apply to Expenses with Funding Schedules. So if you chose to manually move funds over, rather than using a Funding Schedule, you won't ever see the "On Track" or "Off Track" labels.
If an Expense doesn't have the full amount saved, and you don't have another transfer scheduled into the Expense before it's due, you'll see that the Expense is "Off Track". If an Expense is "Off track" you can manually transfer money into that Expense to ensure that you'll have enough money by the time the Expense is due.
Ready vs. Coming Up
The rest of the Overview screen shows you the balance of your Expenses that are ready to spend now, and the ones that are building up for a future date. For every Expense there are two "buckets" of funds - a "Ready" bucket, and a "Coming Up" bucket. You can see both buckets from the Expenses overview page.
We built Expenses to help you save for your recurring bills, so while you have funds "Ready" for your next upcoming payment, we're also tucking funds away for the next payment that's "Coming Up". If you have money left over in your "Ready" bucket after a set due date has passed, those funds stay in your Expense for the next payment.
One main difference between the two buckets is that the "Coming up" bucket is reserved and can't be spent from, but funds can be transferred in and out. More info on funding and spending from Expenses here.