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Glossary

Definitions for common terms used throughout Purpose Budget.

Budget terms

  • Ready to Assign (RTA): money that hasn’t been given a job yet.
  • Assigned: money you allocated to a category for a specific month.
  • Activity: the sum of categorized transactions in that category for the month.
  • Available: how much you can spend right now from the category.
  • Move Money: shifting Available between categories to cover overspending or reprioritize.

Targets

  • Target: a planning rule that suggests how much you should fund a category.
  • Underfunded: the amount you’d need to assign to meet the target for the month.
  • Maintain a balance: a target behavior that cares about the category’s Available balance.
  • Save a fixed amount: a target behavior that cares about assigned contributions toward a goal.

Credit cards

  • Total Debt mode: credit card handling where reserved payment funds stay protected for paying the card.
  • Payment category: the reserved cash available to pay a specific credit card.
  • Unfunded: credit card spending that wasn’t backed by Available cash at the time of purchase.

Transactions

  • Transfer: money moved between your own accounts (usually not categorized as spending).
  • Split: one transaction divided across multiple categories.
  • Rule: an automation that categorizes imported transactions consistently.