Should I hide savings budget categories from reports?

Google Sheets
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This community has been so helpful so far and I am really loving Tiller (and also a bit bummed I hadn’t moved over sooner from YNAB than now!). So I am def. interested in using the Savings Budget and still learning about that. One question I had is when I add savings categories, (e.g. County Property Tax) that I want to save equal amounts for each month, I create this on the category sheet, correct? If so, I’d assume I should hide this from the reports? But if I did that, when I actually paid the bill, I’d want it to be on the reporting. So, now that I have typed that out, it seems like that is not a correct understanding as it doesn’t make a ton of sense.

To explain my thinking a bit more. Let’s say I need to buget/save $50 a month for 11 months, then pay $600 in month 12 (550 budgeted/saved plus the 12th month $50). Each month, when I do budget this amount, I’d actually make a transfer from my checking to my savings account for that amount. Though for some categories, I’d leave this in checking, but that really was a matter of laziness before. I really should move it to savings as I have a pretty great rate of interest. What is my best approach here? Thanks!

Mike

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To the first question, yes, Savings Budget categories are created on the Categories sheet. On the larger issue, I’ve never thought to hide those categories from reports. I think of any transfer into those categories as essentially budgeted expenses, so it makes sense to me to have them visible. At the end of the day, my goal is to see how my money is being allocated, even if it’s just an artificial transaction like transferring money in the Savings Budget.

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You know what? You are absolutely right! I was thinking about it all wrong and it does make sense to keep it in the reports. Thanks!

Mike

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