Finance Space: separate “spaces” for clear tracking and shared control
Most of us run our money as one endless feed: salary mixed with freelance, family budget with home repairs, vacations with rental income. Analytics get fuzzy, rules live in your head, and shared expenses happen in chat threads. At OmniBudgets, we propose a different approach — Finance Space.
Finance Space is a dedicated financial space with clear boundaries. Inside it, facts (transactions) live next to plans and rules, while access and reports match that specific context. The concept and the tool were developed by OmniBudgets. A “Freelance” Space knows about income, a tax reserve, and P&L. A “Trip” Space holds trip limits. A “Renovation” Space keeps the budget and phases. Spaces don’t pull from each other — each owns its view and decisions.
Why split things up? To cut the noise. When “personal,” “shared,” “project,” and “event” live in their own Finance Spaces, numbers get honest and conversations get simpler: you share a Space, not your entire accounting. Need planning? Turn on budgets. Don’t need it? Run on the ledger. Want control? Add rules and limits to spot risks before they become problems.
When should you create a new Space?
Ask the quick trio: members? reporting/taxes? dedicated account or currency?
Two “yes” answers → you likely need a separate Space. Otherwise, stay in Personal and use categories and goals.
Finance Space isn’t “a budget as a duty.” It’s a way to think about money as a set of contexts — each with its own data, roles, and members. That makes it easier to measure progress, make decisions, and avoid dragging old project tails into your current life.
The core idea. Money isn’t one feed; it’s a set of contexts.
Finance Space by OmniBudgets makes those contexts manageable: facts and plan together, access precise, analytics transparent.
Start with one Space in OmniBudgets. “Personal” to see the everyday picture. Then add one for freelance or a trip. With two or three Spaces, your financial life gains clear structure.