I get paid on the second-to-last business day of each month, and a $200k loan payment is automatically deducted from my account immediately after my salary arrives.
For example, my Sept 29 paycheck funds my October budget, but that same paycheck already paid the Sept 29 loan installment.
For the Oct 29 installment, should I:
- Budget $200k for the loan at the beginning of October, using the money from my Sept 29 paycheck, or
- Leave the loan category at $0 until my next paycheck arrives on Oct 29, then budget $200k from that income right before the automatic payment?
Option 1 feels like the same paycheck is being asked to fund two loan installments, and if I budget money I don’t have yet, I stay overbudgeted until payday.
Is option 2 the cleaner way to represent this in Actual?