# Buckets

After entering our accounts, we clicked on the **Buckets** tab to divide up our money into useful categoriesâ€”buckets. It’s useful to think of buckets as literal buckets, filled with money, sitting around your house (or pretend they’re envelopes, if you prefer).

We make a bucket for every independent expense or goal. We currently have 63 buckets, but we didn’t start with that many. Don’t feel pressured to make a bunch. Here’s a sampling of our buckets:

- Food
- Mortgage
- Diapers
- Year’s supply
- Haircuts
- Charity
- Car repairs
- Car insurance
- Car registration
- Gas
- Vacation
- Parties
- Matt spending
- Clothing
- Clothing for kids
- Redo wood floors
- Costco membership

## Bucket types¶

There are 5 different kinds of buckets. Change a bucket’s type by clicking the gear icon.

### Plain old bucket¶

These buckets hold money until you take it out. We use this bucket type when we occasionally put extra money toward something.

### Recurring expense¶

For this type of bucket, you specify how much to put in it every month. In general, buckets of this type fall into 3 categories:

- Expenses for exact, predictable amounts (e.g. Mortgage, Car insurance, Car registration, Costco membership, etc…)
- Expenses for varying, but similar amounts (e.g. Food, Diapers, Haircuts, etc…)
- Expenses for which you’ve decided how much you’ll spend on a regular basis (e.g. Charity, Vacation, Parties, Matt spending, Clothing, etc…)

### Save X by Y date¶

Use this bucket if you know how much money you’ll need for something at a certain point in the future. You enter the target amount and date and Buckets computes how much you should add per month. Example uses: Tuition, House projects, a specific vacation, etc…

### Save X by depositing Z/mo¶

With this type, choose a target amount you want saved and how much you can afford per month and Buckets will compute when you’ll reach your goal.

### Save Z/mo until Y date¶

Choose a target date and how much you can afford per month and Buckets will compute how much you’ll end up with by the date.

## Rain¶

## Next¶

Learn about Transactions.