So. Every time we get paid, we go into chkng account and type new balance?
also. Let’s say we’re allocating $100/ mth to an ultimate $1000 furniture purchase. Are we literally setting up a new account with our bank and paying the $100 allocation to it? Maybe start a Wish Farm fund as opposed to emergency?
If you have a regular, consistent income, you can set up a scheduled, repeating transaction in your account, for the date/frequency desired, and it will show up in your To Be Budgeted. When the check hits, you'll have the money to distribute.
Create a furniture category, and add $100 to it every month. You can even create a goal to remind yourself that's what you want to do, but that step is not necessary. Some people just put the amount they plan to stick in as part of the name. "Furniture ($100)" and then you just manually put in $100 each month as you're budgeting.
You aren't creating a new account, just a new category. Your budget uses the money that is in the accounts, and populates the categories. Some categories, like groceries, are meant to be used up each month, and then built up again the next month. Others, like Furniture purchases, are meant to accumulate the money until there's enough for the eventual purchase.
Are you entering a transaction with the category TBB??
Yes, in your checking register. Add transaction, select the upcoming date you will get paid, select repeat option (in your case every other week). Your category should be to be budgeted. Now around pay day your transaction will release into the checking register and you'll have those funds in your tbb.