Ability to close out and archive or delete completed Savings Goals (edited)

DannyB

Idea: Add the ability to close out a fully completed Savings Goal and then be able to either archive and hide or delete it outright.  "Fully completed" means that the goal has been fully funded and all funds have been spent.

I am now in my 9th month using Simplifi and I'm already noticing a build up of completed Saving Goals. 

In a conversation with @Flopbot about SGs I got to thinking about deleting some of my fully completed goals just to clean up the "Complete Goals" section on the Savings goals page.  But it turns out that can't be done without Simplifi sending the funds in that SG back to your originating account even though that money has been spent and is now in someone else's bank account and you are enjoying whatever it was you saved for and purchased.

Thus the idea of being able to close out a fully completed SG and either archive and hide it or delete it all together.  Archiving and hiding will get the completed goal off your screen but still available to "see" in an archive page or report.  Deleting will simply remove the fully completed goal with no impact on your Simplifi accounts or reports.

For another idea to enhance Savings Goals by adding the ability to reset and reuse a Savings Goal see @Flopbot 's idea post here:

https://community.simplifimoney.com/discussion/comment/10964#Comment_10964

pawebb

Hey Quicken any updates on this one?

Dancerfrog

I created a savings goal. I met the goal. I do not ever want to see the goal again. Why can I not delete it????

Coach Natalie

@Dancerfrog, you should be able to delete a "completed" Savings Goal very easily:

Please let us know how this works for you!

-Coach Natalie

Neilhunt1

Archive is different from Deleting. Looks like deleting works fine, but I would want the same thing only with the ability to go back and review the activity in the future, even though it wouldn't show up on my main screen anymore. With another budget tool I can Hide a category and then it won't show up as something I can assign to or show up in my reports; but I can always go back and view it, including how much I spent towards it, what transactions are associated with it, etc. Here, unless I'm mistaken, if I delete the category, I could never go back and see "Wait, how much did I spend on that wedding? And what exactly did I buy?"

TiggerTrainer

To be honest, I am a little confused why someone would want to use the "spend" feature on a savings goal as transactions used do not actually go against the goal. It is a great thought to be able to draw upon a savings goal with specific transactions, but I think that in order for that feature to be useful you would need to be able to link transactions to the goal itself. This would mean the goal would be able to list out the transaction detail related to the goal itself.

I love that savings goals allow you to set aside money from accounts without actually moving it. For me, when it comes time to use the funds you just transfer the money back out and then have specific spending plan - planned spending categories that will capture the budget related to what you are spending the money on. I also use a tag on each transaction to easily identify what the money was used for.

DannyB

https://community.simplifimoney.com/discussion/comment/47380#Comment_47380

There are a number of requests related to Savings Goals and one of them is to be able to associate or assign transactions to a SG. I'm wondering about what you describe in the 2nd paragraph of your comment. In my experience, when I withdrawal funds from a SG the funds are indeed released back to the account that is holding them. But these funds do no show up in the spending plan for the month. How do you get the funds to show up in your Spending Plan so that you can expense them in the Spending Plan.

I do use tags to identify transactions that are related to a SG but I also exclude all SG related spending from the Spending Plan.