Getting Started with Waypoint Budget

Complete guide to setting up your budget in 15 minutes. Choose Quick setup, demo mode, or manual - whatever works for you.

Choose How You Want to Start

Click to select your preferred setup path

1

Answer a Few Questions

Tell us about your financial situation

You'll answer simple questions about your income, essential expenses, and financial goals. Takes about 3-5 minutes.

What's your monthly income?

$

Include your take-home pay after taxes

Housing
$1,500(33%)
Food
$600(13%)

Adjust sliders to match your typical spending

Remaining to Budget$2,400
2

Your Budget is Created

Personalized categories and amounts

Based on your answers, the system generates a complete budget with recommended categories and spending limits that match your goals.

Budget AnalysisBased on your $4,500 monthly income, I've created a balanced budget allocating 33% to housing, 13% to food, and setting aside $900 for savings. This leaves you with comfortable flexibility while building your emergency fund.
Housing
Monthly
$1,500
33%
Groceries
Monthly
$600
13%
Savings
Monthly
$900
20%
3

Review & Adjust

Tweak anything that doesn't fit

Review your personalized budget and make any adjustments. You're in full control - add, remove, or modify categories as needed.

INCOME
$4,500
ALLOCATED
$3,600
REMAINING
$900
Housing
Monthly • 33%
$1,500
Groceries
Monthly • 13%
$600
4

Start Tracking

Your budget is ready to use

Start adding transactions manually or connect your bank (Plus plan). The Money Coach will provide insights as you go.

Beyond the Basics

Goals

Set savings goals for vacations, emergency funds, or down payments. Track progress automatically as you save.

Calendar View

See all transactions and bills on a calendar. Perfect for planning around paycheques and due dates.

Subscriptions

Track recurring subscriptions in one place. Identify and cancel ones you don't use to save money.

Reports

Detailed spending trends, category analysis, and historical comparisons to spot patterns over time.

Tips for Success

Start simple, then optimize

Your first budget is a draft. Track for a month, then adjust based on actual spending.

Review your dashboard weekly

Spending 5-10 minutes each week keeps you on track and prevents month-end surprises.

Budget for fun money

A budget without enjoyment won't stick. Include entertainment and personal spending.

Use the calendar for irregular expenses

Car insurance, gifts, annual fees - add these to your calendar so you're never caught off guard.

Common Questions

What if I go over budget in a category?

Don't panic! Going over budget is normal, especially in your first few months. Look at where you overspent, adjust your budget for next month, or find another category to reduce. Smart tips can help you course-correct.

Can I track multiple bank accounts?

Yes! With the Plus plan, you can connect multiple bank accounts and credit cards. All transactions sync to one place automatically.

How do I budget with irregular income?

Use your lowest monthly income from the past 6 months as your budget baseline. When you earn more, allocate the extra to savings or debt. Check out our irregular income budgeting guide.

Is my financial data secure?

Absolutely. We use bank-level encryption, and if you connect your bank, we use Plaid (trusted by major apps). We never see or store your banking credentials.

Ready to Take Control?

Join thousands of Canadians using Waypoint Budget to reach their financial goals.