Age of Money

I don't take a lot of stock in the number but my age of money was up to around 50 days and now all of a sudden it's down to 4 days. I haven't change any of my spending habits and I have already budgeted 1/2 way through Nov. so curious on why this would change so quickly.  

 

Thanks

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  • If you received two buckets of money ~45 days apart, then you just hit the threshold where you’ve used up all the money from bucket A and are now beginning to use bucket B. 

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  • Referencing how far you've budgeted into Nov. seems to imply you might believe AoM is tied to how much cash you have. It's not. It's simply a measure of how long ago you received the money you recently spent.

    Don't let the fact it's on the budget screen throw you. It has nothing to do with budgeting, I'm afraid.

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  • 4 mths agoLast active
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