Future-dated price changes
Tell Steer about next year's rent or that subscription hike, and the projection accounts for it automatically.
2 min read
Prices don't stand still. Your rent goes up in January, a streaming service raises its price in March. Instead of remembering to edit each item on the day, Steer lets you schedule the change in advance — and your projection updates itself when the date arrives.
How it works
Any income or expense can carry a schedule of future amounts. You're really saying: "this costs €X now, and from a certain date it becomes €Y." Steer always uses the amount that's in effect for whatever month it's projecting.
The rule, in plain English
For any given date, Steer uses the most recent change that has taken effect by then. Before January's increase, your projection uses the old rent; from January on, it uses the new one — automatically.
Setting one up
When editing an item, add a price change with:
- The new amount
- The date it takes effect
You can stack several — a small rise next year, a bigger one the year after — and Steer steps through them in order as it projects forward.
Why it matters
This is what makes your forecast trustworthy. A budget that assumes today's prices forever will quietly drift from reality. By knowing about tomorrow's prices today, Steer shows you:
- The month a price hike starts to bite.
- How a series of small increases adds up over a few years.
- Whether a future cost is something to plan for now.
Price-change suggestions
For common subscriptions, Steer may already know about an upcoming price change and offer it to you as a one-tap suggestion card. Accept it and the future-dated change is added for you — dismiss it and nothing happens.
Tip
Saw a "your plan is changing" email from a service? Add the new price as a future-dated change straight away — then forget about it. Steer will apply it on the right day.
The same idea, everywhere
This "use the latest value that's in effect" approach isn't just for prices — it's how Steer handles loan rates and investment return rates too, so changing-over-time values are consistent across your whole financial picture.