Separate yearly/ annual budgets besides monthly budgets

There’s a discussion here but there’s no concrete conclusion yet.

There are ideas here which I’ve considered myself but they are not sufficiently convenient.

Can we simply have yearly budgets in a separate section/ screen besides the primary monthly budgets?
Everyone is different but I imagine a lot people will have payments with the following characteristics

  • Happens once or twice a year but not every month
  • Amount can varies
  • Dates varies

Examples from my own use cases

  • Pet visits
  • Annual subscriptions for apps and services
  • Sports clubs
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We are currently redesigning analytics and budgets in Emma.

The idea is to create more space and flexibility for this specific use case.

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I would like the flexibility to specify a different period for each budget.

Things I buy once per year or when an need/opportunity arises (insurance, home/housing, holidays, gifts) would be annual. I’d love to have a monthly gift budget but Christmas happens once a year and birthdays in my family are like buses.

Things I buy monthly or multiple times per month (transport, groceries, utilities) would be monthly.

Discretionary things I buy often/regularly but not necessarily every month (clothing, eating out) would be quarterly. I don’t want the pressure of having to eat out before the end of this month in order to avoid going over budget next month. I like to buy clothes in person rather than online, but I’m not going to make a trip every month just so that I can stick to a monthly budget.

Although, now that I work from home more my biggest transport expense is petrol - I fill the car up less than once a month, so it probably would make more sense for my transport budget to be quarterly. But since the only reason I have car insurance and breakdown cover is because I have a car, I’m thinking I should move them both from Insurance to Transport - and because they are both single annual payments then I would have to make my transport budget annual.

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Thanks for the detailed description.
Everyone’s budget is different and we all handle our budgets different. We are looking into making the template more flexible, to fit your unique circumstances.

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These are the exact same reasons I found myself on this page and I couldn’t have said it better. Emma App developers should really introduce a solution here.

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