I’m not sure if I compeletely understand the difference between a one-off and a monthly budget. Can someone here please explain the difference for me?
A one-off budget is great for those one-time expenses, like the money you spend while you’re on a vacation. The one-off budget will only stay active for the month in which you have created it.
A monthly budget will stay for as long as you need it. You set it up once and it automatically resets every month. It’s great for expenses that occur every month, like groceries, transport or shopping.