Link from Transaction to 'take from' Savings goal (1 Merged Vote)

Is there any way to know where this is on the product roadmap? Is this feature or something similar 1-3 months, 3-6 months, or 6+ months away from release? 

Without this feature this product is not different then other free tools on the market.

As spending for something that represents a savings goal I would like to easily categorize the transaction to the savings goal to remove money from the savings goal rather than remember the transaction amount, go to savings goals and withdraw funds for the purpose.

This could be handled by assigning a Savings Goal to an expense category. Each time we create a Savings Goal we assign it to a category so that when a transaction is assigned to a category the amount is deducted from the Savings Goal. I would love the inverse as well, if we assign income to a category that is assigned to a Savings Goal then the Savings Goal increases by that amount.

For example, I am saving for three vacations and as I spend money for airlines and rental car in advance of the vacation I would like to categorize each vacation expense to the correct vacation.

Of course reporting would be cleaner if I could have multiple nest the categories so that I have a category called "vacation" and a sub category for each vacation. (My top level categories are already Essential and Discretionary.

I just signed up and am very surprise that I can't consolidate my saved goal with my actual expenses. How do I know what my balance available is if I make multiple transactions toward a saved goal. I am considering moving onto another platform

2 months in and I think I have found an ok work around. To "use" SG, I would withdraw from my SG and "deposit" that amount by entered a transaction "+" excluding it from reports. This way I can see my true expenses in the reporting and use the savings for my current month spending. Of course this is a manual work around which if you have a lot of transactions, can be quiet annoying if you want to track this throughout the month. You could transfer an expected budget amount for the month to reduce frequent adjustments. This could also add to the "other spending" which I know some try to keep at zero.

I also use this to carry over amount in my planned spending. At the beginning of each month, I will add a new transaction to "deposit" the balance from the prior month (assuming you have a positive balance). This "deposit" would be excluded from reports.

The only thing I can't figure out is if this process would overstate my available balance for the current or prior months.

Will this work? Is there something I'm not considering?

Does anyone from Simplifi monitor and respond these community forums? This particular thread appears to have been going on for two and half years, with no action from Simplifi. I also feel there should be a way to link expenditures directly to goals to see what one's draw down, or remaining balance, is.

@Coach Natalie Any possibility of updating the community on this topic? Its been a while since any Quicken admin has replied here. Thanks

As I attempt to learn how to use the Spending Plan as implemented, I've noticed that you cannot make a "withdraw from goal" if you don't have the funds (manual add to "contribute to goal"). While conceptually, I understand why that might be as in the case of a real bank account, this might throw a wrench into automated "take from" actions. If you don't have the fund, it might not let you "take".

I'll have to say, as is, to make the Spending Plan work for me, I'm doing work arounds and they are not ideal:

• not being able to select multiple categories in a given Planned Spending group forces me to not include bills and subscriptions. So why even have that "automated" or part of my "income after bills and savings". As implemented, it would be more simple and clear to just state "Income" as all my bills and subscriptions are built into my "Planned Spending" categories.
• not having roll over features in Planned Spending. So now I cannot include things like having a monthly contribution toward Gifts that rollover each month. So I create Gifts as a Savings Goals but the lack of automated "take" makes this a difficult, manual entry experience.
• Strict Savings goal rules around "withdraw.." and "contribute" as mentioned above, which forces me to artificially manipulate contributions if I want to track all contributions and withdrawals. The workaround is I just create a Watchlist to track gift spending and hope my average monthly matches my goal. Watchlists are great but in this case have no impact or calculations relative to the Spending plan or Saving goals.

Which in the end, I think I'll abandon Saving Goals, "exclude" all subscriptions and bills in the income section and use watchlist to track expenses.

@Coach Natalie @UrsulaA love to hear your thoughts. Thanks

@UrsulaA probably not the way Quicken wants people to use this feature.

@nanoviking here is the vote for taking savings from a Savings goal linking it to a transaction.

Currently, savings goals are virtually useless to me because withdrawing is meaningless. It does not add to my "available to spend" nor does it apply towards a certain transaction. I agree with other users that having to select from a certain account is limiting. I think the intuitive way to implement this feature is to set aside money in a savings goal, yes, but to not have to use a certain account. Then, spending transactions could be linked and any "unlinked"/manual withdrawals would simply act as "income" for the month it was withdrawn.

I love the app overall but the way that it handles big purchases that are not part of recurring expenses is a huge miss for me—and something that apps like YNAB do much better.