MyTruv shows your income and expenses side by side so you can quickly see how they compare.
The income vs. expenses view
This view displays:
- Total income for the selected period
- Total expenses for the same period
- The difference - positive means you earned more than you spent
- Visual comparison - A chart comparing income and expense amounts
Reading the comparison
- If your income bar is taller than your expense bar, you had positive cash flow for that period
- If your expense bar is taller, you spent more than you earned
- The gap between the two represents your savings (or deficit)
Tips for balancing income and expenses
- Review this comparison monthly to stay aware of your financial health
- Look for months where expenses exceeded income and investigate what caused the spike
- Use this view to set realistic spending targets based on your actual income
A good rule of thumb is to aim for your expenses to be no more than 80-90% of your income, leaving room for savings and unexpected costs.
