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Old 08-27-2008, 09:53 PM
baldeagle51
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Default RE: Budget for items several months out.

I am currently running Money 2006; here is my question.

If I deposit my check, lets say $1000 every 2 weeks into my bank account,
how do I budget for items that may only happen every 6 months. I have to take
a particular amount out of each check each month until i reach the 6 month
mark. Would i have to transfer the necessary monthly amount from checking to
a newly created fund/account (holding area) , or is there another way to show
on the monthly budget that say $50 of the $1000 goes to insurance that is due
in 6 months. I hope i am making sense.

"sjakubik" wrote:

- quote -

> Click on "planned amount" under that section in your budget and then click "I
> want to pay a different amount each month." Put zero in for ten of the
> months, and the amount of your car insurance for the two months it is due.
> For instance:
> January: $0
> February: $500
> March: $0
> April: $0
> May: $0
> June: $0
> July: $500
> August: $0
> September: $0
> October: $0
> November: $0
> December: $0

  #1  
Old 08-27-2008, 09:04 PM
baldeagle51
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Posts: n/a
Default RE: Budget for items several months out.

I have Money 2006 standard, i dont have the Planned amount feature.

"sjakubik" wrote:

- quote -

> Click on "planned amount" under that section in your budget and then click "I
> want to pay a different amount each month." Put zero in for ten of the
> months, and the amount of your car insurance for the two months it is due.
> For instance:
> January: $0
> February: $500
> March: $0
> April: $0
> May: $0
> June: $0
> July: $500
> August: $0
> September: $0
> October: $0
> November: $0
> December: $0

 
Old 08-27-2008, 08:32 PM
sjakubik
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Posts: n/a
Default RE: Budget for items several months out.

Click on "planned amount" under that section in your budget and then click "I
want to pay a different amount each month." Put zero in for ten of the
months, and the amount of your car insurance for the two months it is due.

For instance:
January: $0
February: $500
March: $0
April: $0
May: $0
June: $0
July: $500
August: $0
September: $0
October: $0
November: $0
December: $0


  #-1  
Old 08-27-2008, 06:41 PM
baldeagle51
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Posts: n/a
Default Budget for items several months out.

How can i budget for items in MS Money 2006 that are several months out. For
example my car insurance payment is due every 6 months but i know that i need
X amount each month so when the bill comes, i know i have the money there.
Is there a way MS Money to set that money asside some how?
 

Tags
budget, items, months
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