What happens to money above my declared income?

Your budget is based on your planned minimum monthly income. When you receive more money than this, e.g. from bonuses or overtime, this "extra" money will be added to savings as follows:

  1. First we'll try to top up savings that are behind your target, to keep you on track.
  2. The remainder will be saved to your unexpected costs savings. You can then move this into other savings or withdrawn as needed.

We do this because it's best to withdraw money when you need it - rather than have it sitting there in your account burning a hole!