Thank you for suggesting this idea. We've completed implementing a way to Categorize your Goals. You now have the ability to tie a goal to a budget category. When a new Transaction is entered with this Category, it will be applied to your Goal. By not creating a Budget tie, it will be deducted from the Account Balance. Another way to manage paying your Goals off is under My Accounts. You can now create a Split Transfer once your Paycheck comes in that will transfer a certain amount of funds to your Goal Categories either manually or automatically.
02/14/2007 02:22:36
support
Administrator
Re:Savings
This is a great idea. We'll give this some thought of how we want to implement this and will post it in the Next Releases section once it's ready to be added to the site.
01/28/2007 19:35:45
JennyC
User
Savings
I think it would be neat to have the option of sub-categories on an accounts to keep track of what you're saving for. For example: say you're saving for a car ($2000), glasses ($200) and you want to save up for a vacation in a few months (7000). Some could be time sensitive (ie, vacation) and some are things you'd rather get sooner (glasses) and other things (car) is something you'd like to get when you can afford it.
If you're putting in $300 a month into that account, make it possible to say that $150 is for padding the savings account (for emergencies), $50 the glasses, $50 for the car, and $50 for the vacation.
Would it be feasable to separate what the money in one acccount is intended for, without having to create separate accounts for each item? Thank you!