Spreading payments

[alexs (Alex Sherwood)]

Here’s some more thoughts on this use case from @jshrager

@jshrager

Annual costs - a lot of payments I make are annual costs (e.g car insurance), but on Monzo they would appear in the month they are paid from. In Xero i reverse this and split over 12 months, but it would be good to not do this. One thing I thought was to have a rolling 12 month average spend figure for budgeting which would automatically take this into account.

@jshrager

One off costs - similar to point 5, if you go on holiday you will spend lots more than normal, but for the remaining 11 months won’t, so it skews things. Again i split over 12 months always. Same with Christmas gifts. There are lots of examples where you ‘overspend’ one month but that’s because it’s a one off. If you don’t take these into account you don’t really know if you are over/under spending each month really