Savings pockets

On months when there is extra income, or less expenses, it would be nice to save up for a future expense in a pocket towards a specific category.

e.g I have xtra money available for a few months, and every month allocate it to the clothing savings pocket. This shows up on the clothing budget line. E.g. you see

“budgeted 300, spend 100, spend from budget 100, spend from savings 0. budget remaining 200 (option to allocate this 200 to the savings pocket), savings 1000”

then in a later month I spend that as one big expense from the pocket. As it’s from the savings pocket it does not effect that months budget. E.g. you see

“budgeted 300, spend 1200, spend from budget 300, spend from savings 900. budget reaming 0 (still within budget), savings 100”

So on the months summary, it shows that even though I spent more than what came in, I’m still within the budget as the excess came from planned savings.

If there is under-spend on a budgeted expense, or extra income above the budgeted Income, there should be an option to allocate it to a savings pocket, general savings pocket and multiple specific category savings pockets.

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Upvoters
Status

In Review

Board
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Feature Requests

Date

3 months ago

Author

Michael

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