Lesson 2.4: Setting category expenditure (2)


Setting category expenditure for a non-standard period

  1. The pre-set periods are per year, per quarter, per month and per week, but if your category expenditure data covers a non-standard period then use the per other period option, and indicate the period length in the days box
  2. A simple example of a non-standard period is the expenditure asscociated with smoking. If a smoker consumes a pack a day, at $5 a pack, then category data entry should look like this:
    which produces an annual expenditure - in the budget tree - of $1,825:
  3. And if you manage to reduce your habit to 1 pack every 2 days then you can reflect this change by increasing the expenditure period to 2 days, and have the pleasure of seeing the annual figure reduce to $912 in the budget.


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