We try to give 10% of post - tax income to charity. It would be great to have something like this as an option. I can do this for the cash flow priorities but not for expenses
I just put mine as the total dollar amount in expenses and match it to inflation. But I just added a similar suggestion here: https://changemap.co/projectifi/projectifi/task/5845-starting-amount-being-a-percent/
For this suggestion, it’d be good to have the option of making it pre- or post-tax. We tithe 10% of gross (before anything like health insurance, taxes, etc. are deducted). We have some charitable donations that are post-tax, but those are dollar amounts, not a percentage, which is why I currently have it all lumped together into a single expense.
Yes. Would like to add ability to have charity expense be X% of income. Since different people will want to give on different income bases (earned only, all pre-tax, all post-tax, etc.) this could be a drop-down of the existing income categories (Taxable income, non-taxable income, net earned, passive, total).
I like this and would use it. Sometimes I wonder why PL thinks I can save so much then I stumble across this and realize at least one reason why.