Customize Budget Cycle (As Opposed to Month-to-Month) (3 Merged Votes)

purdnost
Member ✭✭✭
Currently, Simplifi handles all budgeting on a month-to-month basis by default. I like to budget paycheck to paycheck. In my case, my budget would cycle every month on the 15th. It would be nice to see Simplifi implement this functionality.
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15
Comments
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Give the user tha ability to define the dates that fit within a month.
I get payed on a 2-wk cycle, which means my income never aligns with the month. However, if i cold shift the month then it wouldbe useful.
For instance, i have a lot of bills that get paid on 1 March. However, my first paycheck isnt until 3 march. So effectively those 1 march bills are paid with Feb income. If i could extend the feb spend plan to 2 Mar and delay the Mar spend plan unti 3 Mar then the problem is solved.
I will have a similar problem at the end of March, because i get paid on 31 March. So i will have to pay the first 2 weeks of April bills with March income.0 -
We are self employed and pay ourselves once a month on the 15th, so all our budgeting is based on a 15th—14th month. So the Planned Spending calculation for a calendar month 1st-31st doesn’t help us keep track of our actual pay period.0
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Instead of having the spending plan based on month to month, allow users to change the date. This gives users more flexibility and can allow them to see their spending plan based on their monthly paycheck cycle. Thank you!1
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As I mentioned elsewhere today, I'd like the ability to customize it, and perhaps mark the start date like "2nd tuesday" "3rd Wednesday" for monthly cycles. Some people seem to want annual tracking, so the ability to set it Jan1 - Dec. 31 for those folks might give them the annual budgeting they want.--
Robert D. Wilkens
robwilkens.net1 -
We like the app so far, but not being able to customize start and end dates of monthly spending is really limiting and creating a poor user experience because that is our primary need.0
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Right now you can only see your spending plan by month. The Spending Report, on the other hand, allows you to set a date range. I'd like to see the same capability in the Spending Plan. What if I want to see what my Spending Plan looks like between now and my next paycheck? That capability does not exist.0