Create a goal, assign an account to that goal, and estimate how long it will take you to achieve each goal. The projected completion date for each of your goals is calculated by:
- Monthly contribution
- The amount of the goal
- The amount of money in the goal account
- What priority number the goal is
Your entire monthly contribution is applied to the top goal. Once that goal is achieved, the money will be applied to your next goal.
- The monthly contribution is how much money you will put towards your goals each month. By default, this is calculated automatically by taking your projected income (which you can set in Budgets) and subtracting budgeted expenses.
- You can also set this number manually by clicking the toggle switch and then entering the monthly amount you want to contribute to your goals.