Summary balance incorrect

I think the summary tab is really confusing. My current assumption is:

If you have not set a spending budget:
Left to spend = [Main account balance] - [Committed spending that is so far unspent in current pay cycle]

If you are using spending budget:
Left to spend = [Spending Budget] - [Money spent so far in current pay cycle that’s not considered committed spending]

Is this correct @BethS ?

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