I have been using repeat/reoccurring transactions to budget my spend recently and found with a number of holidays/public holidays that my budget prediction has not been reflective of my predicted spend that month.
For example, I have 3 reoccurring transactions that happen every week mon/thurs/fri for days that I commute into work.
For a normal month these work exactly as I need them to allow me to budget/predict what my spend will be this month for my travel/commuting costs and what monies I might have left over for a treat/savings etc.
However with recent annual leave/ unexpected working from home and public holidays I have calculated I don’t need X reoccurring transactions to be included in my budget view and have since moved the monies I would normally have there for my commute into a pot.
I would like to suggest 2 things here.
- That reoccurring payments can be paused in a monthly budget view for days you know you wont be following your normal spending pattern.
- That when you pause the payment you could move the predicted spend to a saving pot and if you are over budget and the cost is excluded from your monthly budget screens.