Help »

Three-Tier Budgeting in Fineo for Beginners

To help you budget for all the crucial aspects of your life, Fineo Budget employs a distinctive approach known as the three-tier budgeting method. Whether you’re a newcomer to budgeting or just beginning to explore our app, this article serves as your gateway to comprehending the effectiveness of this innovative budgeting approach.

Tier 1: Monthly Budget In the first tier, we tackle your monthly expenses. These are the regular bills like rent, groceries, and utilities. Set budget limits for each category and watch your spending to stay on track. Fineo Budget makes it easy to see where your money goes.

Tier 2: Provisions The second tier is all about planning ahead. Got an annual insurance premium or a holiday trip coming up? Create provisions for these expenses here. Set aside money each month, so you’re ready when the time comes. No more surprises!

Tier 3: Savings In the third tier, you build your financial future. Whether it’s an emergency fund, retirement, or a dream vacation, your savings goals live here. Fineo Budget helps you track your progress, making your dreams a reality.

That’s the essence of Fineo’s three-tier budgeting. It’s simple, effective, and puts you in control. Start with your monthly budget, plan for the future with provisions, and work towards your dreams with savings. You’ve got this!