I have an emergency fund set up for $400 per month. I don’t know how to record it in terms of transaction and envelopes etc. Could some walk me through step by step?
I set mine up as an Annual envelope with the monthly Fill instructed to Add $400 (in your example). If I need to use that money, I can either pull from it directly or transfer funds into an specific envelope first and then spend, depending on how I’d like my reports to reflect the spending.
Using an annual envelope without any kind of target means I can just pile up money there until it’s needed.
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