How does the Spending Plan adjust changing/adjusting rollover amounts mid month?

Max1223

When I change the Rollover amount

Its not clear to me what other parts of the Spending Plan are changed. I did an experiment by reducing the rollover amount, but did not see any number change anywhere else.

Here is a sample use case: I'm over spent in one category and under spent in another. This, I think, contributes to my Pie chart showing as Over Spent. But I know I'm under budget at large. So I'd like to take some rollover money from the under spent and give to the overspent category.

Maybe this (making mid month changes) is not the way Spending was designed to work?

This article tell you how to use rollover, but doesn't really state what happens if you make mid month change.

https://support.simplifi.quicken.com/en/articles/9029030-using-rollover-in-planned-spending#h_07e674056e

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Thanks!

DannyB

@Max1223

First, a disclaimer, I don't have any Planned Spending categories with rollover activated.

As far as I understand the "rollover" funds are not included in the Available to spend in the current month but instead are reserved funds from previous months. In my experience of experimenting with rollover, these funds seem to be handled along the lines of the funds in a Savings Goal and when used or dipped into, are not actually added back into the current month's available to spend and are only available as extra funds for the designated expense. If this is true, the only way I can think of to tap into rollover reserves in one bucket would be to assign some of the expenses in the overspent Planned Spending bucket to the Planned Spending bucket with available rollover funds.

You can move funds between Planned Spending buckets by reducing the current month's amount for one Planned Spending Bucket and increasing the amount for another Planned Spending bucket thus staying within your limits. If you have a money available in the current month you can increase the amount for an overspent Planned Spending bucket and leave everything else in Planned Spending as is.

Coach Jon

Hello @Max1223,

Thanks for reaching out! Per the support article you shared:

• The Rollover feature can only be seen and changed in current and future months.
• Planned Spending series with Rollover enabled will use the targeted amount when calculating your Spending Plan totals so that the Available amount of your Spending Plan isn’t impacted.
• The Rollover amount will be reflected in the following month for that individual Planned Spending series.

The value you started with should be showing in the total available for your Planned Spending category in addition to the current month's designated amount. When this month closes out, whatever you have not spent of any of the available funds for that expense will rollover to the new month as "Rollover" in the new month's Planned Spending tile.

I hope this makes sense!

-Coach Jon