By default, yes, budgets can be exceeded. The analytics for a budget will indicate that a budget has been exceeded, and by how much.

However, to prevent users from exceeding a budget:

1. Select “Budgets” from the toolbar on the left
2. Click the “Edit” button in the right column for a current or past budget (or select the option in step 3 when creating a new budget)
3. Check off the “Cap the spending.” option

1. Click the “Save Budget” button to confirm and update the budget

Whenever a transaction is initiated that would surpass the limit for that budget while the capped spending option is enabled, that transaction will not be processed, and a notification will be provided to indicate that one or more budgets are being exceeded.

‍