Annual bonus budget?

How do you budget for annual bonuses if a large percentage of income comes from annual bonuses?  I am separating out annual expenses by using the "when will this happen" selector.  This deducts an amount from my monthly budget.  But, I can't add annual bonus budgets monthly, therefore my budget looks extremely busted.


Hi Julie,

There isn't really an ideal or automated way to handle this type of situation, but if a large portion of your income comes from an annual bonus that you're not able to track throughout the year, since obviously it only happens once a year if it is annual, you may have to do something like add a portion of that transaction manually each month using the Add a Transaction button, then categorize it appropriately. Then when the bonus actually happens, just mark the transaction as a duplicate as you would have already accounted for that bonus through your monthly updates.

Let us know if you need any further assistance.

Mint Mike

Was this answer helpful? Yes No
Default user avatars original
Mint Mike , Community Manager

No answers have been posted

More Actions

People come to Mint for help and answers—we want to let them know that we're here to listen and share our knowledge. We do that with the style and format of our responses. Here are five guidelines:

  1. Keep it conversational. When answering questions, write like you speak. Imagine you're explaining something to a trusted friend, using simple, everyday language. Avoid jargon and technical terms when possible. When no other word will do, explain technical terms in plain English.
  2. Be clear and state the answer right up front. Ask yourself what specific information the person really needs and then provide it. Stick to the topic and avoid unnecessary details. Break information down into a numbered or bulleted list and highlight the most important details in bold.
  3. Be concise. Aim for no more than two short sentences in a paragraph, and try to keep paragraphs to two lines. A wall of text can look intimidating and many won't read it, so break it up. It's okay to link to other resources for more details, but avoid giving answers that contain little more than a link.
  4. Be a good listener. When people post very general questions, take a second to try to understand what they're really looking for. Then, provide a response that guides them to the best possible outcome.
  5. Be encouraging and positive. Look for ways to eliminate uncertainty by anticipating people's concerns. Make it apparent that we really like helping them achieve positive outcomes.

Select a file to attach: