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How do you budget for a future Expense?

vgerhard

Example: I have a termite service that bills me on 10/31 every year. I get 26 paychecks every year and need to budget about 15 bucks every pay check. I have this item in my budget but I can't figure out how to get the budget to set the money aside.

Currently I have a termite registry item in my checking account that I add 15 bucks to every pay check so that when the bill comes due I have the money.

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Accepted answers

NotACPA

Have you looked into "Savings Goals"? See Quicken Help for more info.

All comments

NotACPA

Have you looked into "Savings Goals"? See Quicken Help for more info.

Joseph Hanna

Set that category as a rollover.

KnnNike

use the rollover feature in the budget. Let's say your annual bill is $1200, paid once per year. Budget $100 per month, and set it to rollover. Then, after 1 year, your budget will show that category as $1200 'Under'. meaning you have $1200 in the budget to spend. Once you actually spend the $1200, it zeroes out and you start over.