Help Workshop a Savings Template Concept

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Thanks for your feedback on the savings concept, @Mking. I’m still noodling on this.

  1. I was imagining that users would open a single, real-world account for their savings reserve and the tool would leverage that balance to monitor savings growth. The concept of integrating multiple accounts is an interesting one. I will log the concept of multiple savings accounts as a phase-2 opportunity.
  2. You are thinking ahead to a budgeting workflow— which I agree is absent from the current concept. I think a savings category could be used to budget a monthly savings amount. Using a category in this way would require breaking our Transfer conventions (normally transfers are symmetric and net to zero) when moving money from checking into the designated savings account. When a user made a transfer to the designated savings account, the inflow (to savings) would be designated as a Transfer and the outflow (from checking) would be designated by the savings budget category (e.g. “Savings”)?
  3. I’m not sure I understand your third request. It sounds like maybe it is related to envelope workflows? Or maybe your are referring to how to reconcile a category-based solution after a goal is achieved? Can you please explain?

Sorry for the delay in responding…
Randy