Hi. I am new user, wondering what the best practice is for setting up my budget to reflect the frequency of my income and expenses. My wife is paid biweekly, but I am paid quarterly. Therefore, every three months we have larger inflows of cash that need to be apportioned over the next three months to cover expenses. And, except for once a quarter, the monthly budget will always indicate that expenses exceed income.
My goal is to be able to reflect the reserved savings in my budget. I think the “savings budget” will allow me to do this. But I do not understand how to set it up or how the adjustments should be used.
For example, if in January I get paid and reserve 3 months of mortgage payments, how should this be entered into the regular or savings budget?