diff --git a/financeplanner/views.py b/financeplanner/views.py
index b8d6443..f63bdcb 100644
--- a/financeplanner/views.py
+++ b/financeplanner/views.py
@@ -188,7 +188,10 @@ def index(request):
     calculation_start = balance_list[0].date if balance_list else range_start
     transaction_list = _get_relevant_transactions(user, calculation_start, range_end)
     actual_transactions = _calculate_actual_transactions(calculation_start, range_end, transaction_list)
-    graph_data = _build_graph_data(range_start, range_end, calculation_start, balance_list, actual_transactions)
+    if balance_list:
+        graph_data = _build_graph_data(range_start, range_end, calculation_start, balance_list, actual_transactions)
+    else:
+        graph_data = None
     context = {
         "range_start": format_date(range_start),
         "range_end": format_date(range_end),