Multiple budgets is a Pro feature. A single Pro subscription lets you own and switch between up to 5 budgets — your own household budget plus separate ones you set up for someone else, like a kid or a college student you're teaching to budget. Each budget is completely separate (its own categories, transactions, plans, goals), and one Pro subscription covers all of them — there's no per-budget charge.

Free accounts get 1 budget. Upgrade from Settings → Subscription to run more.

How this is different from Family Sharing

They're two sides of the same coin:

Family Sharing = many people, one budget. You and your spouse both work in the household budget together.
Multiple Budgets = one person, many budgets. You keep your own budget and also run a separate "teaching" budget for your kid.

You'll often use both: create a second budget for your kid, then use Family Sharing to invite them into that budget as an editor so they have their own login.

Creating and switching budgets

Open Settings → Budgets.
Tap New budget, name it, and create it — it starts with the default categories and becomes active.
To switch budgets anytime, open the budget switcher in the user menu (tap your avatar, top-right). Pick any budget and the whole app switches to it.

Your active budget is remembered across devices.

Teaching a kid or student

A common setup:

Create a budget named after the learner.
While it's active, open Settings → Family Sharing and invite them by email — they accept and get their own login as an editor.
They manage their money in their budget; you can switch in anytime to coach. Your Pro subscription covers their budget — they don't pay anything.

Transferring a budget (e.g. when they graduate)

When the learner is ready to go independent, transfer the budget to them:

Settings → Budgets, find the budget, tap the transfer icon.
Pick them from the member list and confirm.

They become the owner; you become an editor (and can leave if you like). Heads-up: once they own it, the budget follows their plan — if they're on the free tier, that budget drops to free limits right away (existing data is kept; new family invites are blocked until they go Pro).

Archiving a budget

Done with a budget but don't want to lose it? Archive it from Settings → Budgets. Archiving:

Frees up one of your 5 slots.
Hides it from the switcher.
Keeps all the data — nothing is deleted. Restore it anytime (as long as you're under your budget limit).

You can't archive your only active budget.

Limits

Pro required for more than one. Free = 1 budget, Pro = up to 5 owned budgets.
Each budget still supports up to 5 members via Family Sharing, independently.
Archived budgets don't count toward your 5; restoring re-checks the limit.

Privacy

Each budget is isolated — members of one budget can't see another. Switching budgets only changes what you see; it never exposes one budget's data to another budget's members. See the Privacy Policy for details.