Budgeting quarterly-semi-annual amounts

h stansfield

I have a few payments that I budget a monthly amount and rollover that pay quarterly or semi-annually, such as car insurance and property taxes.

Here's the question:

In the month it's paid, let's say the monthly budget is $300, with an $1800 payment in March and September. If I pay it like that, I get an overbudget warning for the month because $1800 is a lot bigger than $300. If I put in $1800 in the budget line for the month, then my carryover amount gets messed up.

What's the right way to do it?

I know, this has probably been answered 1000 times.

bmciance

For things like that I put the $1,800 in the budget for March and September. I also do not use a carryover. I thing what is "right" is what works for you.