Excluding Transactions from Income and Expenses
In BodesWell, we use your historical expenses and incomes to project your future expenses and incomes. At the surface, this seems fine, and honestly, what else are we going to go off of? But this only works if you have the ability to exclude certain one-time expenses or income events from future projections.
For example, let's say three months ago you got married. The ceremony was great, everyone had fun at the party, but it set you back about $10,000. While that was a real historical expense, you certainly don't want to plan for a $10k wedding every year.
So BodesWell gives you the ability to remove that expense from your future projected expenses. Here's how it works:
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