Ability to Allocate Money in Accounts

[danpastori]

This is one of my biggest frustrations with most financial budgeting software. You have an account that all of your transactions come out of. It's just a pool at this point. What if you are saving for a yearly or longer term purchase? This doesn't directly correlate to a transaction and you don't want to open a new account for each purchase you are saving for.

We need the ability to go into an account, and allocate a part of the account. Essentially these are "pseudo-transactions".

• Set aside 12/month for Amazon Prime
• Save for a down payment on a car
• Save for Christmas Gifts. This should be allocated monthly, but spent once.

[danpastori]

Structure:

🏗 Create accounts_allocations table: id accountable_id (Polymorphic ID) accountable_type (Polymorphic model) name amount updated_at created_at

🔗 Accounts have many allocations

💡 In the future we can set goals off of allocations. Ex. Save $100 for gifts. 💡 Actions for when the allocated amount changes

[danpastori]

We should also have the ability for an account to be allocated or not (turned on or off by the user)