Is there a way to implement a Spending Plan per account (checkings or savings)?

andr3sbed

I really like this feature and the way it's presented, nevertheless, it bundles up all accounts. Similar to setting up budgets per account(s) as needed.

Thanks.

DannyB

Hi @andr3sbed

The spending plan is independent of your actual bank accounts although your bank and credit card account transactions will be brought into the Spending Plan as the current month progresses. The Spending Plan is not designed to manage account balances but is designed to a simple but elegant tool to plan out your current months income and spending. It's only interest in your bank/credit card accounts is to track how your plan is panning out over the course of the current month.

Here is a support article about using the Spending Plan explaining it's various components. Take note of the Note early in the first section "How Does It Work" where you will read "Note: The Spending Plan uses actual transactions you’ve received or expect to receive for the current month, meaning that it does not consider existing account balances.

I have found the Simplifi Spending Plan to be unique among personal finance apps and takes a bit of adjustment to get used to how it works.