Tracking loans and Credit Cards In Budgets

simon's Avatar

simon

21 Apr, 2021 11:42 AM

I now this has been discussed before, but has any development happened in regards to adding loan and credit cards to the budget, not the mixed interval budget.

Thanks

  1. 1 Posted by mhoggie on 21 Apr, 2021 01:11 PM

    mhoggie's Avatar

    just a user,

    As far as I can observe, nothing has changed. You can track principal payments on the "mixed interval" budget, but not on the default calendar style budget. They indicated they were going to fix that, but it hasn't changed. You can budget the interest expense separately, but as you know, principal and interest on a loan changes each month and MD does not let you budget an account payment, just the principal and interest and only on the "mixed interval" setup. I continue to use workarounds to track loan payments in my budget. This also allows me to predict my budget using Money Foresight.

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