Repaying savings as if it were a loan
I am buying a car with cash. The cash is coming from my savings. I will then transfer a set amount monthly over several years (checking to savings) to “repay” the “loan”.
I want to account for the payment in my Spending Plan. Is the easiest way to do this: Set a Savings goal for the total amount, set the timeframe, then begin contributing to the goal (account: savings) in the Spending Plan, with the actual checking->savings transfer transaction being set to hidden/invisible?
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