On Mar 4, 2009, at 9:55 PM, Brett Nord wrote:

> I used the example of Mortgage which i see would be a reoccurring
> fixed expense that would always be around the same time every month.
> But what this example:  I pre-payed my kids school lunch for the whole
> month of March on Feb 26th.  I don't want to tell MW/spending plan to
> start early just for that, right?  and i don't want to forward-date
> the transaction to 3/1 rather than 2/26 either, right?  And i can't
> simply drag/drop the transaction on the bucket and expect it to deduct
> from my March budget for that bucket.

I think I'm the odd one out, but I budget my expenses for the month I  
pay them in, not the month they're "for".  In your example, I'd  
consider that lunch money to be a February expense.  In March, you're  
going to do it again to pay for April's lunch, and in April you'll do  
it again for May's lunch, right?

Same with my mortgage.  I have a mortgage payment due on the first of  
the month.  In order for the bank to have it on the first, I have to  
send it by the 25th.  So the "February" mortgage payment actually  
comes out of my account in the second half of January, so I have it  
budgeted there.  Then the "March" payment comes out of the second half  
of February.  So although my mortgage is due on the first, I have it  
as a second-half allocation in my spending plan.

-Trish


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