How To Budget Investment Accounts?

[Wm]

Wed, 13 Aug 2014 02:09:06
<CAD=st1ODD=au8vn5ao9fyLFtWz1B5t9as5gTA4JvLH0yqxzwpQ at mail.gmail.com>
Jonathan Chan <jonmchan at gmail.com>

>Thanks for the reply. I'm not sure if that works well either as then Income
>now is double-reported for all the tax-deferred income... I would have
>Income:Salary reporting 100 dollars into the checking account, and then
>another 100 dollars from tax-deferred income. Are you sure your logic is
>correct? I tried putting it into my account and I couldn't get that part to
>balance.

As DavidC suggested there are a whole lot of ways to do this and no
right or wrong.

Another way would be to set up a scheduled transaction that runs on the
same date as income arrives to transfer any fixed amounts out of the
budgeting scenario.

Conceptually:

income          100 fixed amount
rent            -11 ditto
invest          -12 ditto
other regular   -13 ditto
         ----------
sum              64

and then you budget on the remainder of 64 thus

Budget           64
entertainment    -6
dining           -7
groceries        -8
         ----------
unallocated      43

i.e. only budget on the variables.  Otherwise you spend time being
unsurprised that you budgeted 11 for rent and that is exactly what
happened.

I don't use gnc's budgets at all at the moment, preferring to pull data
into a spreadsheet where I can play at will.

If people didn't reply earlier it is not because your message wasn't
read so much as personal budgeting is very individualistic and rightly
so.  If you've been here a while you pick up ideas on issues like this
rather than expecting a static formula.

-- 
Wm...