Allocations within accounts

When saving money for occasional expenses (like car maintenance/repairs, etc.), it's important not to keep that money in the main checking account - too easy to use the money for something else. I'd love to be able to set up a separate checking account and in Quicken to track allocations (or funds) within that account. So, for example, I might deposit $1000 a month into the account and I might allocate $200 into home maintenance, $100 into auto maintenance, etc. I'd like to track the account as a whole so I can reconcile it but be able to track amounts deposited into and spent from each allocation or fund. Kind of like Categories and Sub-categories.
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  • Jim_Harman
    Jim_Harman SuperUser ✭✭✭✭✭
    Have you tried Quicken's Savings Goals? That sounds like what you are looking for.
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