Funds :

Funds are the primary objects managed in the Continuum. Funds represent financial accounts such as checking, savings, 401k, auto loan, mortgage, etc. Any account which you want to track monetary balances and flows into and out of, over time.

The effect of Time on Funds :
Funds have Inception dates but they are otherwise timeless (or rather they are attempting to be applicable to any and all times after the inception). In order to determine their balance you need to specify at what time your want their balance. Actors can apply several different formulas to use when calculating balances, and Historical Balances can be used to anchor these formulaic projections to real historical fund balances.

Example : A savings fund usually have an interest accrual actor/formula which affects their balance over time. Additionally you might add an actor to designate a saving plan such as 100/month. If other minor influences (such as extra/missed deposit) there might also be one or more historical balances added to 'reconcile' the balance at given dates.

Fund Classifications :
Spending Accounts - These accounts basically act as your own 'clearinghouse' such as checking account. These funds are high traffic, and hard to classify and quantify since they are typically used for discretionary spending and paying bills. In continuum, these spending accounts do not count toward value or debt totals. They are used for calculating 'waste'. Waste is unaccounted, discretionary spending. So in continuum spending accounts typically rise over time that is not accurate to real life balances and so they are relegated to calculation of this waste.
Savings - As in real life, these accounts are interest accruing. In continuum, the interest accurual is done with a paired actor which performs the interest accrual. Aside from that difference, savings accounts -are- quantifyable since they are lower traffic and their balance is implicit 'value'. So savings accounts in continuum do count toward value and do affect your overall Projected Index.
Debt - These accounts are loans such as auto loans, where you pay an interest rate to finance a loan. You make payments for a specific loan duration, pay interest, and eventually pay off. For the purposes of continuum, these funds add no value. When you pay off an auto loan you probably will have value but these assets are hard to quantify depreciation values, etc.
Debt Equity - Similar to debt accounts, however the more you pay down a mortgage, the more value (equity) you are credited with. These funds affect total debt, total equity, total value, and your projected index. Currently, at least, continuum does not support the concept of appraisal value, so value is determined according to loan amount. Any attempt to adjust this to current market values should be done with another fund used to counterbalance those effects (such as a fund of type savings).

Fund flags/designations :
Benchmark Fund - This designation means the fund is conceptual and is not included in any totaling or projected index. Usually funds with benchmark designations are for comparative purposed only. If you intend to pay off a loan early you might add a benchmark fund for the same loan to compare to.
Hide fund from graphs - This designation on a fund will hide it from the activity graph yet still include it in totals (unless it is also a benchmark fund). For example, once you have observed the waste growth of a spending account you might want to hide it from the Activity Graph.