Trying to account for investment contributions outside of paycheck auto-deductions? Any investment contributions taken out of a paycheck do not get input into EveryDollar as the budget is a plan for net income (not gross).
For EveryDollar Premium subscribers, EveryDollar is built to connect primarily to traditional savings or checking accounts that manage daily spending. However, we do support a handful of investment accounts. We show account balances in EveryDollar as a convenience because the financial institution sends us that information. Those amounts will only be as current as of the latest update from the financial institution.
Since EveryDollar is designed to be a month-to-month budget based on your expenses, we most commonly recommend keeping track of paycheck-deducted investment contributions in your investment accounts specifically and not necessarily your budget. We also recommend budgeting on your net income or take-home pay. We want budgeting to be easy and fun, and budgeting based on gross income adds a lot of steps and hassle to your daily/monthly budget.
💡 Pro Tip: For investment accounts that import transactions, you may want to delete the transactions or turn off transaction syncing. Read more here: How to Turn Off Transaction Syncing