I work for a startup remotely. I get paid in USD into TransferWise and then pay a majority (but not all) bills and daily expenses in Mexican pesos. I’m trying to set up Toshl right now since it can handle the multi currency budgeting.
I have two questions:
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I get paid somewhere between the 24th and the 2nd once a month. What’s the best way to configure Toshl to deal with this especially as it relates to the budgeting feature? Should I wait until the 1st to send my rent payment for example? In the past I have always just sent the money when I get paid (e.g. on the 24th of April for May rent if that makes sense) but now when I did the historical data input the budgeting feature wasn’t working, since April rent payment was getting counted against April budget and not May.
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What’s the best way to reduce my expenses overall? Is it just a watch, reconcile, find the pattern and break it game?
Submitted May 19, 2021 at 11:48PM by madocgwynedd https://ift.tt/3oylPI3