What is a Budget?

A budget is a projected sum of spending within a certain category and time range (in Mint, the calendar month).

Mint displays your spending in each category (for example, spending on Groceries) along with the projected amount you set to show you if you are on track in that category.

Budgets are useful for setting monthly spending goals (like reducing spending on shopping), monitoring your progress, and maintaining a healthy cash flow picture---so you can consistently have enough money to pay your bills, save for the future, and spend on things you need.