https://boards.hellobee.com/ Pregnancy, Baby and Parenting blog, by Hellobee en Mon, 27 Apr 2026 08:04:50 +0000 https://boards.hellobee.com/topic/a-few-budgeting-questions#post-2323459 Fri, 16 Oct 2015 12:54:07 +0000 snowjewelz 2323459@https://boards.hellobee.com/ <p>@sunny: Gotcha! I also didn't realize they do one main checking and can branch into many mini savings. </p> https://boards.hellobee.com/topic/a-few-budgeting-questions#post-2323448 Fri, 16 Oct 2015 12:48:01 +0000 sunny 2323448@https://boards.hellobee.com/ <p>@snowjewelz: I think trying to track too many debit cards would be confusing. Instead, I would use the C360 accounts as holding areas for money and then continue to use your main checking account to pay the bills, then transfer over the money from C360 when its paid. </p> <p>So you'd accumulate up $X for a planned expense in C360, then once the money is spent, you transfer it over to checking and pay the bill. </p> https://boards.hellobee.com/topic/a-few-budgeting-questions#post-2323192 Fri, 16 Oct 2015 10:31:20 +0000 808love 2323192@https://boards.hellobee.com/ <p>@snowjewelz: No, I don't have a debit card for each account. I wonder if you could request one. The other thing is it sets accounts up as one checking and multiple savings accounts so there is a few days delay to transfer back to another bank. However, you can access with atm card at any point. </p> https://boards.hellobee.com/topic/a-few-budgeting-questions#post-2323122 Fri, 16 Oct 2015 09:29:01 +0000 snowjewelz 2323122@https://boards.hellobee.com/ <p>@808love: Ooo, thanks! But you don't get a diff debit card for every single account?? </p> https://boards.hellobee.com/topic/a-few-budgeting-questions#post-2322790 Thu, 15 Oct 2015 22:35:43 +0000 808love 2322790@https://boards.hellobee.com/ <p>I like Capital One 360 for setting up and monitoring multiple individual checking accounts. We have ones for car registration/repair, car insurance, Christmas, life insurance, travel and home improvement. We do 1/12 monthly deposits. </p> https://boards.hellobee.com/topic/a-few-budgeting-questions#post-2321225 Thu, 15 Oct 2015 10:27:03 +0000 snowjewelz 2321225@https://boards.hellobee.com/ <p>@MaryM: yeah that's what I have with Mint right now.... But now I keep thinking of new irregular things that we spent money on and I'm like ahh!</p> <p>@DesertDreams88: This is SO helpful! Thanks! </p> https://boards.hellobee.com/topic/a-few-budgeting-questions#post-2320533 Thu, 15 Oct 2015 02:51:09 +0000 Mrs. Goose 2320533@https://boards.hellobee.com/ <p>Rollover! Everything previous posters said. We also use mint to keep track and the final month numbers get put into a spreadsheet by my husband. </p> https://boards.hellobee.com/topic/a-few-budgeting-questions#post-2319794 Wed, 14 Oct 2015 14:26:56 +0000 MaryM 2319794@https://boards.hellobee.com/ <p>I agree with roll over funds. I do that for things that I don't spend on regularly (like clothes). I use Mint and it was fairly easy to set up rollover budgets vs. non-rollovers (things like eating out and entertainment). </p> https://boards.hellobee.com/topic/a-few-budgeting-questions#post-2319771 Wed, 14 Oct 2015 14:16:28 +0000 DesertDreams88 2319771@https://boards.hellobee.com/ <p>We do something similar as previous posters. Our budget is broken into 4 main categories: Fixed monthly, variable monthly, irregular, and one-time/big expenses. </p> <p>The monthly items are paid through our main account, the one-time/big expenses paid through our savings account, and irregular expenses are paid from a sinking fund (separate checking account): <a href="http://www.daveramsey.com/blog/stop-the-panic-sinking-fund" rel="nofollow">http://www.daveramsey.com/blog/stop-the-panic-sinking-fund</a></p> <p>In other words, for the irregular expenses, we estimate the yearly cost and divide by 12. We add up all that, and set up an automatic transfer with that total # from the main account to the sinking fund, monthly. So, according to the pic below, we transferred $242 monthly into our sinking account, for that year. </p> <p>[attach=5393/15/nw85jg.458x120.sinking-fund-example.png] </p> https://boards.hellobee.com/topic/a-few-budgeting-questions#post-2319742 Wed, 14 Oct 2015 13:59:31 +0000 birdofafeather 2319742@https://boards.hellobee.com/ <p>@Chillybear: yep! </p> https://boards.hellobee.com/topic/a-few-budgeting-questions#post-2319568 Wed, 14 Oct 2015 12:40:57 +0000 snowjewelz 2319568@https://boards.hellobee.com/ <p>@Chillybear: @sunny: thanks!~ </p> https://boards.hellobee.com/topic/a-few-budgeting-questions#post-2319548 Wed, 14 Oct 2015 12:28:19 +0000 sunny 2319548@https://boards.hellobee.com/ <p>Agree with Chillybear. That's how we manage our insurance budget since it is billed 2x a year and is a fairly large bill. </p> https://boards.hellobee.com/topic/a-few-budgeting-questions#post-2319509 Wed, 14 Oct 2015 12:06:06 +0000 Chillybear 2319509@https://boards.hellobee.com/ <p>You can take the cost per year for those items and divide by 12. then say you dont buy diapers/do landscaping it rolls over to the next month </p> https://boards.hellobee.com/topic/a-few-budgeting-questions#post-2319498 Wed, 14 Oct 2015 12:00:29 +0000 snowjewelz 2319498@https://boards.hellobee.com/ <p>(1) How do you budget for bulk purchases? For example, if I'm only buying diapers every few months b/c I buy in bulk @ Target when there's a good gift card deal. But I haven't figured out how often I do that. Do I just let my "baby" category roll over till the month that I buy bulk so the rollover $ should cover it? </p> <p>(2) How do you budget for things that don't happen all the time? For example, landscaping is only really from like spring-fall, but then spring/fall clean up costs extra. Plus there will be snow plowing here &amp; there during the winter. I'm thinking to just keep my landscaping budget at X, and for the months that there is no lawn mowing, then that $ should cover the clean up's and any snow removal... </p>