Step 1. Tap on the name of the Budget Item you want to edit. Be sure not to tap on the dollar amount, or it will prompt you to change the amount instead.
Step 2. At the top of the next screen, tap on the name of the Budget Item and type in the new name.
Step 3. Tap "Done".
Step 4. Tap the arrow on the top left of the screen to return to the main budget view.