Context The Tiller Money Labs team recently shared the Savings Budget , a new template that supports the envelope budgeting method. The Savings Budget is a great tool for users wanting to track savings. ( Video demo .) In some ways, the Savings Budget builds on the Envelope Budget (via the Tiller Ad…

[image] aronos: [image] matt: Personally I’m not sure I like leaving excess income in Income categories The way I see it until I allocate it to a real expense (vs a generic “savings” category, like I had before) it’s like I haven’t earned it yet and it doesn’t throw off my Expense amounts…

[image] cculber2: The way I like to look at it, money that is being saved towards a goal is already as good as spent. By assigning that income to an expense category you are taking it out of circulation. If the goal is abandoned or overfunded, the money can be transferred to another category’s s…

Yeah, investments are the one area that is gray for me. Currently, I’m logging the transfers from my bank to the brokerage account as a Bank Transfer, but any other transactions internal to the brokerage account are an often-unbalanced Investments transfer category. I hide this category from reports…

[image] cculber2: I’m treating my brokerage accounts as black box accounts with a balance. What goes in and out of the account is balanced, but what happens inside is magic (though still logged). I’m doing a sort of hybrid right now, categorizing dividend income and reinvestments, and everyth…

Thanks Aronos! Quick question, how do you use the rollover for income and how do you make adjustments to it? (Budget vs savings adjustments) I would like to hear how any of you make income adjustments regardless of how you use the savings budget! I’m trying to do more of a zero-based/envelope syst…

[image] hild.jay: Quick question, how do you use the rollover for income and how do you make adjustments to it? (Budget vs savings adjustments) I would like to hear how any of you make income adjustments regardless of how you use the savings budget! Income categories will roll over the same w…

[image] hild.jay: I just tried using a new workflow, where I don’t adjust the savings and budget for the current month, but I adjust savings in the following month based off of the savings carried from previous month’s. @hild.jay I do this also, it has worked well for me. I’ll admit I don’t …

I’ve actually adjusted my approach to irregular income in the past few months. I’m no longer adding it to my income budget, leaving the budget to planned, reliable income. Similar to @hild.jay and @matt , I move savings from the irregular income categories, but I do it within the current month rather…

I’m hoping you can all help me understanding how the Rollover Adjustments work in the Savings Budget. I’ve read a TON of conversations, but I have not found an exhaustive and concise explanation of how the Rollover Adjustments actually work. I’m really struggling to understand this, until this ‘cl…

Hi @randy , @aronos , @matta , @cculber2 , and @matt , I know it’s been a while since the latest on this discussion. What do you think of my questions above?

🤔 "Rollover Adjustment" in the new Savings Budget

Conversation

Topic		Replies	Views
How should I actually use the Savings Budget adjustments? Ask Anything tcs-addon , tcs-savings-budget	12	2333	June 22, 2021
Savings Budget - checking that it tracks real-world savings Google Sheets tcs-savings-budget	24	2654	November 12, 2021
Rollover Adjustment Warning Wrongly Displayed on Envelope Budget Dashboard Google Sheets envelope-budget , google-sheets , troubleshooting , tcs-savings-budget	36	3032	October 24, 2020
Rollover Savings Clarification Google Sheets envelope-budget , how-to	11	2120	November 17, 2020
Docs: Savings Budget sheet gSheets Templates budgeting , tcs-addon , tcs-savings-budget , tcs-gallery	0	26206	August 17, 2020

🤔 "Rollover Adjustment" in the new Savings Budget

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