Question

So I have an envelope for Pets. we have our dog food set for automatic delivery and it comes twice a month. I take out money each week and put it in an envelope for Pets. I really only do it to cover the cost of food, not for vet bills or anything else. So when they debit my account, I will deposit the money from my Pets envelope back in, correct? And I will also track both transactions in my tracker. I already tracked my withdrawal for the week to stuff my envelopes. So now I would track the debit charge for the food delivery and then track the deposit of the envelope money back into my account, right? Or am I tracking it too many times and screwing it all up ?  

Answer 1

You could just keep the money in your account and mark it as a bill or subscription. But I get confused about this too because we do a lot of online purchases so then I need to put the cash back in the bank. I’m curious how other people do it!  

Answer 2

If it was me I would just leave it in account and count it as a bill since you know when it happens and the price

Answer 3

I’d just leave it in the account and do it as a bill since it’s on auto anyways

Answer 4

It is correct, but I would probably count it as a bill or household or grocery. I’d get confused and mess something up. Lol. My pet envelope is more for treats or toys or whatever. I also have a pet sinking fund for any vet bills that might pop up.  

Comments

@potheen I should do a sinking fund for Pets too.  

Answer 5

Ok, that makes sense. It is every 2 weeks and they send an email several days before it is ready to he shipped. I think I'll just keep the envelope for Pets for other let related expenses. Thank you!  

Answer 6

I have a savings account attached to my checking that immediately transfers. We don't have a physical bank locally to us, so instead of taking cash out, I transfer sinking fund money over to that savings and just notate what the money in the account is for.