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Budget Your Life Costs Not Updated

Question

In the Budget Your Life tool, costs are not updated each year for inflation. The budgeted numbers for each choice (ex: utilities) seem very low. Why are the numbers not updated? 

 

Answer

The discrepancy is caused by a lag in data updates from the US Quarterly Census. It takes time for them to gather their results and distribute the information, which then causes a delay in our ability to reflect those changes in the product. 

 

 

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Question

In the Budget Your Life tool, costs are not updated each year for inflation. The budgeted numbers for each choice (ex: utilities) seem very low. Why are the numbers not updated? 

 

Answer

The discrepancy is caused by a lag in data updates from the US Quarterly Census. It takes time for them to gather their results and distribute the information, which then causes a delay in our ability to reflect those changes in the product. 

 

 

Was this Article Helpful?

  • Kudo this article if you found it helpful. It will help others find this resource.
  • Comment directly on this article to request clarification or share feedback about the content of the article.
  • Use the product-specific forum for questions not directly related to this article.

Question

In the Budget Your Life tool, costs are not updated each year for inflation. The budgeted numbers for each choice (ex: utilities) seem very low. Why are the numbers not updated? 

 

Answer

The discrepancy is caused by a lag in data updates from the US Quarterly Census. It takes time for them to gather their results and distribute the information, which then causes a delay in our ability to reflect those changes in the product. 

 

 

Was this Article Helpful?

  • Kudo this article if you found it helpful. It will help others find this resource.
  • Comment directly on this article to request clarification or share feedback about the content of the article.
  • Use the product-specific forum for questions not directly related to this article.
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Last update:
‎07-02-2024 10:05 AM
Updated by:
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