• Short-term - the money in saving plan ledgers stays in the Budget Space's checking account for immediate availability
• Long-term - the money in a long-term plan is transferred from the Budget Space's checking account to a saving or investment account for a future goal such as retirement

The amount that you set aside periodically for a short-term saving plan can be:

• a percent of an income – a percentage of the deposits from an income are set aside in the saving ledger;
• a fixed amount – the same amount is set aside in the saving ledger from the unallocated ledger when bills are paid;
• unscheduled – you move extra money that is not needed from any source to the saving ledger.

How much time you spend on your short-term savings depends primarily on the number and type of savings that you set up.

• Scheduled short-term savings are maintained automatically by the program. The main interaction you will have with scheduled savings is to withdraw money as needed.
• With unscheduled savings you add money to the saving ledger manually on no pre-determined schedule.

You can set up an automatic long-term saving program in a Budget by:

• creating an account with the company that offers the saving or investment vehicle you want to use, and
• adding a bill in your Budget with payments going to the saving or investment account.

Playing "What If?" with a savings program could happen when the savings is first being set up to see if the saving is possible. Other "What If?" scenarios for savings programs could be when you:

• would like to increase a savings amount, or
• need to trim your savings to compensate for decreases in income or for increases in expenses.