Self Incurred Savings Tax’s
Whilst working on my mock ups for the Coin Filter / Roundup Feature, I had the idea of Self Incurred Tax’s.
As well as budgeting, one could place a 5%, 10% or 20% Tax on a particular Category or Merchant. If you consider Eating Out to be a particularly bad habit of yours, Tax yourself. Every time you buy food categorised as ‘Eating Out’, whatever percentage you set as your Tax is added to a Saving’s Fund.
The same could apply to income from a particular person/company such as your weekly/monthly wages. Set a Tax on it and every time you receive a payment, a percentage is safely stored away.
I’ve read similar things before and I had a wee search, but nothing too similar came up. As always, thoughts/feedback is most welcome.