Forecast gives you a look at your Leftover Money: the money that’s left after you’ve paid for the essentials, like rent and monthly bills. It tells you how much you can comfortably save or spend for the rest of the month.
How do we project your Leftover Money?
- First, we calculate your available cash: the total available cash balance of your Varo Bank Account and any linked checking accounts.
- Then, we add your upcoming income. We find regular deposits, like your paycheck, into your Varo Bank Account and any linked checking accounts to show you how much money you’ll make from now until the end of the month.
- Finally, we subtract your upcoming bills. Like upcoming income, we find your regular payments, like utilities or rent, so you always know what bills are coming this month. This does not include credit card payments (but you can always add them if you want).
More linked accounts mean a more accurate Forecast. If you don’t have other accounts to link, you can manually update your upcoming bills and upcoming income at any time.
We want to know what you think of your Forecast. Share with us at email@example.com.