Spending by Date Goals not working
So I set a yearly spending goal of $1000 to be ready to spend for November 1, 2020 and then to have it REPEAT. However, when I take the money out to pay the bill and then start saving for it again it still says that I have reached my goal and I'm fully funded when I'm NOT since I am starting all over again to be ready for 11/1/21. How do you fix this? It will even continue to say I'm fully funded in the next month when I only have 83.33 in the sinking fund of the $1000.
The yearly spending goal means that "I want to spend a max of 1000 dollars for Christmas (for example) I don't care whether I buy presents in july or in december as long as I spend 1000 bucks. If I have 500 dollars in july and I spend 150 of that I don't need 150 more, I'm still on track.
Basically what you are looking for is the target balance by date (which I don't think repeats automatically.) This goal says "I need 1000 bucks in december. If I spend 150 in july, I STILL need 1000 in December so I need to budget 150 more over the next 5 months than originally planned." With this goal type your needed amount adjusts automatically.