New Budget for a New Year?
Happy Holidays everyone! I am writing to get advice about whether to start a new budget for a new year, or just rename my current budget 2018-2019. There are not any big changes that I foresee to my budget this year.
Any advice, pros/cons, etc. that can be shared are much appreciated.
No, no, no, no no.
No need to start a new budget ever unless it requires a complete overhaul, like getting married or divorced. I'm using the same budget going back to April 2014.
The best reasons to keep it
1) You don't have to repopulate all the categories that have accumulated balances
2)you can easily access your past history within the same budget and make new budgeting decisions based on past averages... and it allows Quick Budget to calculate the averages.Reply
Interesting... I had to start a new budget about two months in last year because the app was non-responsive and tech told me I had "too many transactions." It was literally painful. (and that's on a new gaming computer, fast wifi and chrome.)
I may try to keep things going this year and hope that the performance issues have been resolved. :)Reply