Daily Limit shows how much MoneyCoach estimates you can spend today based on your current Overview setup. You can let MoneyCoach calculate it automatically, or you can customize the Daily Limit and set your own amount.
Whatever amount you set, that will be the same amount every day unless you change it. Only the transactions that you add during the current day will affect it.
What affects Daily Limit
Daily Limit is influenced by:
- The accounts selected for Overview.
- The current period used by your Overview cards.
- Transactions in that period.
- Whether you use Automatic or Custom mode.
What does not affect Daily Limit
Budgets do not directly change the Daily Limit card. A monthly budget may help you control a category, but Daily Limit is a separate Overview calculation.
Additional information
- The Daily Limit and Remaining For Period cards are not affected by any "Daily Budget" or "Monthly Budget" budgets you might create on the Budgets tab.
- MoneyCoach is built on the zero-based budgeting method where it starts from a "zero base" at the beginning of every period. There's no rollover or carryover in MoneyCoach.
- The accounts you chose to show or hide from the Summary Cards in Settings / Overview / Summary Cards / Show hide accounts, affect all of the cards and the reports they open when tapped, except the Net Worth card which has its own filter for showing or hiding the accounts from it.
- If you want to hide transfers in the reports, you can just turn off the "Include Transfers" switch when you filter a specific report. Keep in mind that the filter works only for the reports and will not affect the summary cards in the Overview.
For setup steps, see How To Customize Your Daily Limit. If your period is wrong, check How To Customize Your Payday Settings.
