rollover versus reset each month-which is better?

I am confused about whether it is better to rollover or reset each month.  I have some categories I have set to reset each month, and then I have others that I have rolling over each month (i.e. car repair expenses, utilities etc...) my question is what is the benefit of doing one versus the other?  I am concerned that by rolling over I am not getting a real picture of spending each month when I look at the budgets screen since it is calculating any positive rollover in this total.  Is it better to just have a set amount to spend each month and even though you are calculating for variable expenses, you don't go over that amount? I am not sure the best way to approach this in mint.   Should I lower my overall budget spending amount to only set expenses and allow the variables to fall under the extra ?  

Answer

That's personal preference.

With fixed, you're back to zero at the start of every month.  If you look back at your budget history, and you've been red every month, you'll know you overspent but not by how much.  This is better for stable, consistent expenses like rent or a mortgage payment.

With rollover, you've set an average budget that you want to spend in a category.  If it shows underspending and the underspending continues to grow larger, then you'll know you've set your average budget too high.  Conversely, if it shows overspending and the overspending continues to grow larger, then you'll know you've set your average budget too low.  You've set your average correctly when you see some months green and some months red, and when the starting rollover value hovers around zero.

A combination of the two is to set the multi-month budget.  It will automatically reset every couple of months but lets you be somewhat variable during the budget period.  This was more designed for one big payment every couple of months like quarterly taxes or a semi-annual insurance premium, but it can also function as a combo fixed/rollover type budget.

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