Funds allow you to automatically set aside money by setting a contribution amount. Each time you start a new week, Weekly will create a contribution transaction for each fund that has a contribution amount
The contribution amount reduces your weekly spending limit and increases your fund balance each week. If you change this amount in the middle of the week, both your Safe-to-Spend and your contribution transaction for the current week will be automatically updated.
Understanding contribution intervals: When you set a contribution (like monthly or biweekly), Weekly converts it to a weekly amount to integrate with your weekly budgeting system. Monthly contributions use 4.34524 weeks per month (52.14286 weeks per year ÷ 12 months) to ensure accurate year-round calculations. For example, a $100 monthly contribution equals approximately $23.02 per week.
Learn more about how funds work.