Help · Budgeting

Targets and goals

Sinking and Savings categories can have a target. Open the category's settings, choose the type, and tick the target option.

Sinking fund targets

For a bill you know is coming: Amount and Due (the month), and how often it Repeats: every year, 6 months, 3 months, every month, or one-time.

Pensum works out what to set aside each month to have the amount by the due month. Once the due month passes, a repeating target moves on to the next one.

Example: property taxes of $2,400 due every November. Starting in December, that's $200 a month.

Savings targets

A Target amount, and optionally a month to reach it by. With a date, Pensum works out the monthly amount; without one, the bar shows how far along you are.

Reading the bar

Under the category's name, a bar shows progress, with a status:

• On track: what you've assigned this month covers what's needed.
• Behind: you need more each month than you're assigning. Pensum shows how much.
• Due soon: the due month is close.
• Funded: the target is reached.

See a goal that's behind in the demo

The goals report

Reports → How are my goals doing? lists every target with its progress and what's needed each month.

See the goals report

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