Annual budget shown as rollover budget

JBLevin

There are some budget amounts I know I will need to spend per year, but it doesn't work out to be a set amount each month. The best example I can come up with is a clothing budget. I know I want to only spend $600/year for clothing, but that doesn't mean I am going to spend $50 a month each month. Currently in my annual budget Quicken only knows to divide the annual amount over 12 months. But, since this isn't a monthly cost, the months I don't buy clothes I am falsely under budget, and the months I do buy clothes I am way out of budget. Is there a way to show my annual budget as an amount rolled over each month? So, in the clothes budget example, on Jan. 1st I would have a budget of $600 in my monthly allowance every month until I bought clothes. Then, once I buy clothes, my amount would rollover for the remaining months.

Example:

$600 annual Budget

Jan Budget=$600 - no clothes bought

Feb Budget=$600 - no clothes bought

March Budget=$600 - $80/clothes bought

April Budget=$520 - no clothes bought

May Budget=$520 - $200/clothes bought

June Budget=$320 - etc, etc,

I am using Quicken Classic Deluxe for Mac Version 9.0.1 (Build 900.60628.100)

John_in_NC

While the Budget does not support rollovers, yes, you can certainly show what you want. Clothing happens to be the same for me as well as my employer provides uniforms, and outside of an annual purchase of work boots, most of my months are $0. Using last year as an example:

Notice how I have the $50 above budget annual total shown. You can get that annual column by toggling the icon in the actual/budget column. You can use the dropdown in the Year column to also change which total it displays. Play around with it to see what works best for you.

Yes, you will be over budget in the month(s) you make larger purchases, but the annual total is what to focus on.