Posts tagged: allocation

Unallocating Income

By , February 18, 2011 4:17 pm

“Oops. I didn’t want to do that.”

It happens. Today I got the following questions:

I allocated $158 to an envelope.  I then changed my mind on the funds I wanted to allocated to the envelope.  How do I edit that envelope – say take the money back out of the envelope so it shows nothing was funded.

If you look in either your unallocated income box, or the envelope you allocated funds to, you should see a transaction record of your allocation. Simply click on the undo icon .

Here is short video showing you how.

Allocate by Percentage

By , August 14, 2009 3:58 pm

I’ve made a number of bug fixes and updates, but the most notable I’ll mention is the ability to allocate a percentage of your available allocation money. By entered a number followed by the percent sign (%), it will calculate the percentage automatically.

Here’s a short video of the update in action:

Set Allocation Date

By , July 15, 2009 8:02 am

I’ve made a number of updates on the allocation screen, but the most notable is the ability to set an allocation date. Consider these two problems:

  1. In theory, payday for me is the 11th and the 26th. Unfortunately I get late paychecks often. So my 26th paycheck may end up coming on the 1st or 2nd of the following month. My budget plan calls for me to allocate that paycheck to the month it was in, but if I get it on the first then I could not go back in time to the previous month and allocate it.
  2. I get paid on first day of each month. Generally though, since I have direct deposit, it often shows up a day or two early – especially if the 1st falls on a weekend. I don’t want to spend anything until I’ve allocated to my income to my envelopes.

So before being allowed to set the allocation date I’m sure you can see the problem with these two scenarios. Your funded and remaining amounts wouldn’t quite match up for a given month if you didn’t allocate on the right date. Now you can allocate and specify the date to be within the month you need it to be.



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