Best Of

@DannyB - Question on Point 3

I see bills and subscriptions coming out of my projected cash flow. It comes out of whatever account is linked to it on the date the bill is due.

For example I have a small account I use for a couple subscriptions mostly annual. Here I have my Apple One subscription coming out and it shows as projected cash flow depletion. This is true for Bills & Subs as I have my Water Bill showing the same way in another account. So I think the non-monthly expenses would show properly in the "month" the cash is disbursed. I set up an annual bill it will put the cash in the month the annual bill is scheduled.

I think then the idea of "setting aside" money is more important since you don't have negative cash flow you just have reserved balance. Therefore if the "Rollover feature being discussed" helps then the following may not be important but right now I think Savings Goals are "Cash Reserves" and thus should not be negative cash flow but an earmark on the existing cash that you will need it in the future. The Annual bill would let you see when the cash is truly leaving the bank.

I wish we could link the Annual bill to a savings goal as a sort of "Virtual Account" so it would balance the spending plan that month.

Also, I think the term "Savings Goal" can throw people off of the power of their functionality. I did a different post that if we could have them as multiple types. Like "Savings Goals" and "Non-Recurring Planned" that would help delineate between aspirational and required but still set money aside in the account on the "Accounts" panel on the left hand side of simplify that you see on the "Dashboard" and "Transactions" screens.

On another note:

I roll 90% of my spending through a credit card so I would actually want to tie my planned spending to a credit card and have it project cash outflow on the day the payment comes every month. I would prefer I can link the bill to a credit card and setup a payment date that all the bills will be paid on but I use a recurring bill called CC Repayment for Soending Plan that is a Transfer from CC to Main Checking. (I have not found the way yet!)

I would like to be able to see a way to project the depletion of a spending goal but would prefer to have the "Rollover" functionality completed first to see how that is implemented to know how that impacts spending goals. Then figure out that since essentially contributing to a savings goal "sets aside" the funds in the account so you don't go sub-zero if you contribute on time.