# Budgets
Budget enables you to track your actual spend against your planned spend by defining spending limits.
## Creating a Budget
To create a budget, navigate to Notifications from the [Economize console](https://www.economize.cloud/app/login) sidebar, and follow the below steps:
{% stepper %}
{% step %}
### Enter Details
* **Budget name:** Enter a descriptive name for your budget.
* **For:** Choose what the budget should monitor, i.e., Projects, Services, Labels, or SKUs.
* **Filter:** Define the specific resources within the selected criteria of *the "For"* field above.
* **Time Range:** Define the frequency for the budget, i.e., daily, weekly, or monthly.
{% endstep %}
{% step %}
### Define Scope
* **Include Credits:** Choose whether to subtract available credits from your actual spend when tracking the budget.
* **Target Amount:** Set the amount that you will compare your actual spend against.
* **Threshold:** Define alert triggers to notify you when spending exceeds a certain percentage or amount of the budget.
{% endstep %}
{% step %}
### Specify Destination
{% hint style="info" %}
Budgets can be routed to multiple channels or destinations across any [supported integration](https://docs.economize.cloud/integrations). This makes it easy to deliver them to different teams, projects, or groups, depending on your organizational needs. Simply select the desired destinations and channels from the dropdown menu during configuration.
{% endhint %}
* **Destination:** Select the workspace tools where you want to receive the budget from the available [integrations](https://docs.economize.cloud/integrations).
* **Channel:** Select the specific channels within the chosen destinations.
{% endstep %}
{% endstepper %}
