Good thinking, Drew. In fact, it's excellent thinking. Thanks, stuff just suddenly clicked into place here! :D
I do believe you solved my problem. I kinda had the nagging feeling that assigning account transfers to an income bucket felt "wrong" somehow, yet I couldn't quite explain to myself how. You just did. :) With a new paycheck coming this friday, I now feel confident that I'll be able to get it right this time. ;) On 9 Jun, 05:38, Druzyne <drew.k...@gmail.com> wrote: > > What I basically did, was transfer an amount of money equal to what > > was overspent in my expense buckets from my savings account, > > registering this in an income bucket. I allocated the money to the > > expense buckets, and then transferred all of the money back to the > > savings account. > > > I basically conjured up spendable money out of nothing. :S I'm > > confident that the fault lies with my bookkeeping and not with me > > actually overspending, but I'm still interested in finding out where > > my logic fails here. > > > The one thing I've done that I'm unsure of, is this: every month, I > > transfer a fixed amount of money into my savings account, assigning it > > to the "Savings" expense bucket. However, this month I had to pull > > some money out of the savings account due to unforeseen expenses > > (that's what the savings account is there for after all). I > > transferred money from the savings account into the spending account > > assigning this transaction to the "Emergency dip into savings" income > > bucket, allocated the required amount of money to the "Unforeseen > > expenses" expense bucket and payed off the expense, registering this > > with the same expense bucket. > > > Is this the right way to go about such a use of savings money? > > Henrik, > > I'm not sure if this will correct your issue, but there's a different > way I handle having to pull out of savings. When transferring the > money into your spending account, I would have assigned the deposit to > your Savings bucket, thereby negating what you spent by moving into > savings earlier. Then, the money that is in your Savings bucket you > can flow to the expense bucket where it is needed. > > I may be wrong, but when you assigned the transfer back to your > spending account to an income bucket, it was like printing yourself > another paycheck, which might have thrown things off. It's better to > look at this type of transaction as "unspending" on Savings, rather > than as income. > > //Drew --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "No Thirst Software User Forum" group. To post to this group, send email to no-thirst-software@googlegroups.com To unsubscribe from this group, send email to no-thirst-software+unsubscr...@googlegroups.com For more options, visit this group at http://groups.google.com/group/no-thirst-software?hl=en -~----------~----~----~----~------~----~------~--~---
