Given no built-in tools for forecasting (e.g. savings), what ad-hoc methods should I use?

R. Victor Klassen rvklassen at gmail.com
Mon Feb 24 18:57:15 EST 2014


Well, you could use a budget.  Assuming you’ve used GNUcash for at least a year,
you can use your prior year to build the first draft of the budget.   

A budget income statement will tell you what your net is after a year.

And you can have a different budget each year.

On Feb 24, 2014, at 3:39 PM, GiovanniAD <giovanni.dimatteo at gmail.com> wrote:

> After searching the forums a bit, it seems that GNUCash has no built-in tools
> for forecasting expected savings based on income, expected expenses, and
> spending history. I have seen that some people say they use LibreOffice calc
> to do this sort of thing. 
> 
> I want to be able to forecast how much I will likely save over 3 years,
> given my spending habits, salary, expected taxes, etc. In particular, I
> would like to be able to set a target savings amount of say 50,000, and use
> this to figure out how much should be saving month to month. Note that this
> isn't as easy as dividing 50,000 by the number of months in 3 years, as one
> sometimes saves more than necessary and sometimes less than necessary. 
> 
> I would be interested to hear about how anyone else does these things. For
> example, could I export data to LibreOffice calc and run my analysis over
> there? What's the best way to go about doing this sort of thing?
> 
> 
> 
> 
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