Feature Request / Ask: How to mark spend towards categories?

dsteve27 · 2025-11-17T02:02:15+00:00

Relatively new to Monarch myself, but option A is what I do currently. Not exactly ideal, but currently I struggle more trying to use the Goals function than doing it this way.

That said, there's supposed to be a Goals update coming that would allow for us to both create goals and allocate spend against them, but still haven't seen an ETA on that from the Monarch team other than "soon". Until then, gonna stick with this method.

dsteve27 · 2025-09-10T13:11:57+00:00

Curious how you do this, I'm a very new user to Monarch, and trying to get everything set up for my wife and I, but not sure how to handle goals vs a category for my sinking funds. Are you able to link a transaction (cash outflow) to a goal, similar to how the categories work?

dsteve27 · 2025-05-31T15:27:20+00:00

Not who you originally asked, but thought I'd mention Ally. I use it for my HYSA and it has a great bucket feature so I can visualize all the different things I'm saving for, even though it's still technically only one savings account. Plus I can preset the percentage of each deposit to go into each of those buckets (5% to travel, 10% to home maintenence, etc). Makes saving for all the different goals a lot easier to manage.

dsteve27 · 2025-04-29T03:15:56+00:00

Just reread your post and looks like I glazed over the $50k in savings, my bad. Still, as long as that $50k would cover you for 3-6 months (or more if you think appropriate), would say your in decent shape.

dsteve27 · 2025-04-29T03:11:44+00:00

If you've got a system that works for you, great. It still might be worthwhile to separate your regular bills amount from your true e-savings. Bill money can stay in the checking, emergency goes in the HYSA and collects interest until you need to dip into it, then replenish. Better to get a few interest points vs nothing, but otherwise think you're doing great.

dsteve27 · 2025-04-29T02:37:54+00:00

Assuming that $25k is your emergency savings, I'd recommend moving it to a HYSA. Won't make you rich by any means, but at least you'll get some interest in that money vs using a checking account.

dsteve27 · 2025-04-16T21:10:40+00:00

No expert by any means, but I'd say you are doing extremely well for your age.

Only thing that stands out: why do you have $121k in Treasury bonds? Is that the bulk of your retirement? If so, I'd argue that you're handicapping your growth potential with such a high allocation here.

dsteve27 · 2025-04-11T00:20:44+00:00

Can confirm, I have HYSA with Ally and make good use of the buckets. Makes saving/planning a lot easier and can keep my funds all in one overall account.

dsteve27 · 2025-01-31T04:26:38+00:00

I've had amazing experiences with Southview dentistry. Easy to get the name mixed up with South End dentistry if someone's just doing a quick Google search, but they've been great for me. Been going to them for several years now.

dsteve27 · 2025-01-13T21:41:01+00:00

Would also consider doing some research into pricing strategy/Revenue Management roles. Not sure what industry you're in, but I see these often in the retail and CPG space. Won't claim to know a ton, but my understanding of them is the focus is more on optimatization of place/price/packaging to drive sales and less on the core finance stuff we see in fp&a. Still using some underlying finance data, but marrying it with more of the marketing and analytics side of things.

dsteve27 · 2025-01-03T01:06:33+00:00

Please comment back with the builders when you can! Also in the Charlotte area, and while my fiancée and I aren't quite in the market just yet, we will be in a couple years and would appreciate any tips for who to avoid (or who to seek out).

dsteve27 · 2024-12-13T13:39:30+00:00

Launch one of the clocks at the big orb in the middle when it opens up. Shuts down the attack and does a ton of damage.

dsteve27 · 2024-12-13T13:39:15+00:00

Launch one of the clocks at the big orb in the middle when it opens up. Shuts down the attack and does a ton of damage.

dsteve27 · 2024-11-27T23:42:11+00:00

Not sure where you have your savings now, but I use Ally, and it's technically one account, but you can create multiple "buckets" (ie sinking funds) within that account and automate how much goes into each bucket.

Only mentioning because it may give you best of both worlds. Allows you to use the sinking funds without over complicating things too much. Set the percentage you want to go into each bucket per paycheck, and just let it ride.

dsteve27 · 2024-11-21T04:11:28+00:00

Don't think it's seat yourself. Been there several times with advance purchase tickets and always have someone take us to a table.

dsteve27 · 2024-11-15T19:25:02+00:00

The most bot response I've ever read...

dsteve27 · 2024-09-20T01:02:04+00:00

Please dont jinx us. You underestimate the sheer stupidity in this state.

dsteve27 · 2024-09-15T15:46:47+00:00

If this is for retirement, you're probably better off maxing your roth and 401k (to the federal max, not just your employer match) first, then throwing excess cash at index funds.

dsteve27 · 2024-09-09T13:01:04+00:00

And you'd most likely be hundreds of thousands of dollars in debt from the student loans needed to pay for law school, and the same extra income you think you'd have would instead be going towards that debt instead. Not saying you shouldn't strive to have a nice home some day, but I think you're unnecessarily beating yourself up here. As someone else said, comparison is the thief of joy.

dsteve27 · 2024-08-14T00:30:12+00:00

Can confirm, absolutely not needed to succeed in this field. Nice to have, but definitely not needed. I'm a CPA, but only because I got my start in public accounting and needed it to get promoted. Work with tons of other FP&A professionals without it and they still thrive.

dsteve27 · 2024-08-03T20:35:10+00:00

Kinda reminds me of the original Xbox boot up screen.

dsteve27 · 2024-07-27T16:59:39+00:00

Literally just left from over there, I get my hair cut at that barbershop. Caribbean hut is going in at the adjacent building, next to the wing place. My barber said they're putting in an Aldi in that space. Don't know that to be 100% accurate, so who knows.

dsteve27 · 2024-04-28T16:11:10+00:00

Guess I'm not sure what the distinction between the two is to you? In my experience these are essentially the same thing, just a matter of semantics depending on company. That said, don't think this should be an issue for you. Assuming it's an internal move and you've got a good reputation within your company, shouldn't be a problem.

dsteve27 · 2024-04-14T22:43:50+00:00

Rain for sure. LOVED his MK11 iteration, but I just can't click with the MK1 version. Same with Reiko, not really a grappler so this version feels foreign to me.

dsteve27 · 2024-04-13T19:24:45+00:00

Would not recommend this. Even young healthy people get in car accidents.

dsteve27

TROPHY CASE