How do I balance my 2021 budget with a transfer from savings?

AnonymousMe
AnonymousMe Quicken Windows Subscription Member
edited February 2022 in Budgeting and Planning Tools (Windows)
My budget in Quicken says I am $3895 over. What are some ideas to zero out the budget?

Best Answer

  • Chris_QPW
    Chris_QPW Quicken Windows Subscription Member ✭✭✭✭
    Answer ✓
    Why do you have to zero out your budget?

    Your budget is a prediction of how much you are going to make and how much you are going to spend.
    If the answer is, you are $3895 over you already know everything you need.  As in you are going to need $3895 from your savings if everything goes as planned.

    If this is really a cash flow question instead of a budget question, then I suggest that you use the projected balances instead.

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Answers

  • Chris_QPW
    Chris_QPW Quicken Windows Subscription Member ✭✭✭✭
    Answer ✓
    Why do you have to zero out your budget?

    Your budget is a prediction of how much you are going to make and how much you are going to spend.
    If the answer is, you are $3895 over you already know everything you need.  As in you are going to need $3895 from your savings if everything goes as planned.

    If this is really a cash flow question instead of a budget question, then I suggest that you use the projected balances instead.

    Signature:
    This is my website (ImportQIF is free to use):

    http://www.quicknperlwiz.com/

  • AnonymousMe
    AnonymousMe Quicken Windows Subscription Member
    Thank you for your perspective. You are no doubt correct.

    I will look into the projected balances.
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