Thanks for sharing this. I've never seen Sankey diagrams used for budgeting, but it feels very intuitive!
I'm wondering about how budgeting tools like this help with planning vs budget auditing? Or maybe what I'm thinking of has a different name?
When I think of budget planning, I'd like a tool to tell me what would happen to Y if I did X (e.g. how would buying a car today [purchase plus recurring costs] effect my maximum home down payment in 12 months)? Or if I want A, what can do to B, C, and D to make it happen (e.g. if I want to save for a trip to New Zealand next year, how could adjust my budget to reach my goal)?
I'm not sure if what I'm describing is planning or not, but I can imagine visualizations helping with it!
I'm wondering about how budgeting tools like this help with planning vs budget auditing? Or maybe what I'm thinking of has a different name?
When I think of budget planning, I'd like a tool to tell me what would happen to Y if I did X (e.g. how would buying a car today [purchase plus recurring costs] effect my maximum home down payment in 12 months)? Or if I want A, what can do to B, C, and D to make it happen (e.g. if I want to save for a trip to New Zealand next year, how could adjust my budget to reach my goal)?
I'm not sure if what I'm describing is planning or not, but I can imagine visualizations helping with it!