Completed savings goal - now what?

llamafilm

I tried creating savings goals for all my large annual expenses. I contribute 1/12 each month so I’m not surprised when the expense comes due. Now that I’ve completed a goal, I don’t see a way to continue contributing to it. Am I supposed to create a new savings goal for the same expense each year? Here’s a screenshot example.

Or maybe I’m doing something wrong… this was the best way I could think of to budget annual expenses

Flopbot

Now, you vote for the ability to preset your Savings Goal! Unfortunately, this ability doesn’t yet exist so the only option you have is to create a completely new Savings Goal for ‘Vehicle Registration’.

https://community.simplifimoney.com/discussion/2753/recurring-savings-goals-year-over-year-ability-to-restart-goals-edited

DannyB

As @Flopbot says, the best option for now is to create a new Savings Goal for 2025.

Depending on how your due dates fall you can either start from zero or you can close out the existing Savings Goal by making a "withdrawal for something else" in the amount still left in the SG which will release the remaining funds. Then add those funds as the beginning balance of the new goal.

I started to say you can use the "Edit goal" tool to extend it into 2025, but that can be a bit complicated it turns out.