Income in FamSpend means the money coming into the family: salaries, pensions, bonuses, rent earned, occasional sales — anything that increases what's available.
It's not the central point of the product — FamSpend is first and foremost an expense planner — but income is useful to:
- Compare at a glance outflows vs inflows for the month
- Understand what's left after paying for the scheduled stuff
- Attribute an inflow to a specific person (e.g. Marco's salary) or to a Cost Center (e.g. garage rent → Home cost-center)
What an income entry contains
- Title — the name you give it (e.g. "Marco's salary", "Garage rent")
- Amount — in euros. Can be to be defined when you don't know it yet (year-end bonus, variable commission, rent still being negotiated); from the expected date onwards it shows up on the Home under "To confirm" and you close it by entering the amount you actually received
- Date — when it was received
- Person (optional) — who got it. Useful for filtering "how much is Marco earning this year" or "how much is coming from the seaside house" if rent is attributed to a specific cost center
- Cost Center (optional) — handy for recurring income tied to an area (e.g. garage rent → Home Milano)
- Notes (optional)
What income is NOT
- Bank balances — FamSpend doesn't track accounts. A bank transfer hitting your account is NOT automatically income until you record it here.
- Financial gains — investments, bond interest, dividends. FamSpend isn't a wealth management tool. You can record a dividend as a one-off income if you want to, but it's not the use case.
- Non-monetary refunds — discounts, coupons, cashback points. Not income.
Recurring income
Monthly salary, pension, rent earned: these are recurring incomes. Enter them once, pick the frequency (monthly, bi-monthly, yearly) and FamSpend repeats them on the calendar for future months. Edit any individual occurrence when it changes (e.g. 13th-month bonus).
How it shows up
Income appears on the Calendar with a green income icon (💰) on the day it's expected, visually separated from expenses. In the monthly report you see Total income vs Total expenses so you know at a glance whether the month balances.
To add your first income see Adding an income.