Why is this calculation messed up?

Questions
1

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Hello,

In the Goodbudget app I’ve been using a goal envelope to track saving towards a house down payment. I recently purchased a house and drained money from this goal envelope. I’ve been trying to use this same goal envelope to track how much I need to be saving to payoff the mortgage early but it messes up the calculation since I spent money from the envelope. Should I just retire this envelope, start a new goal envelope and envelope transfer everything over to that envelope to correct the calculation?

Thank you,

Seth

2

Hi @seth - Thanks for your post, and sorry for the confusion! That’s happening because Goodbudget’s factoring in the funds you already saved up in the Envelope for your previous Goal, and Goodbudget can’t distinguish between those dollars and the money you’re saving now for debt pay down. Best practice would be to use a new Envelope for that separate Goal, like you said.

Hope that helps!