After following your suggestion the numbers look correct now, if I
understand how things work. (I'm still learning, and the more I learn
the more I like about it.)
The upgrade to 1.4.4 arrived today, and I have installed it. I'll let
you know next pay day if it happens again.
Thanks,
djz
On
On Apr 2, 2009, at 11:58 PM, tony.spranger wrote:
> i'm having some trouble getting things reconciled.
>
> i've just spent the past 2 days going over my bank statements and MW
> register.
>
> i found some problems the first time through and fixed those. On the
> second time through ALL statement
I am still a MoneyWell newbie. I started using it on March 1. I set my
Cash Flow Start Date to March 1 and proceeded to blow my spending plan
out of the water last month.
I am starting fresh with a new spending plan and a new Cash Flow Start
Date of April 1. Now I have a transaction from last mon
hey kev,
thanks for your help...got it figured out.
but one other question...
should the bucket totals match checking account total?
the only reason i ask is because at the bottom of the reconcile page,
there is a little message and at the end of it, it says something to
the effect of "bucket
Sounds like you have an accidental moneyflow for April.
Click either your Professional Fees bucket, or your Other Income
bucket. On the right column I'll bet there's a $300 moneyflow
showing. Just click the "-" button to delete it. That will get both
back to zero.
On Apr 3, 2009, at 10:
On Apr 2, 2009, at 10:34 PM, Kevin Hoctor wrote:
> This behavior hasn't changed in MoneyWell and manual money flows won't
> affect the Allocate Income process unless you do one prior to the
> allocation. The reason most people haven't noticed this is that the
> two actions are supposed to work t
This might be a silly question, but how do you deal with pre tax
deductions --insurance, flexible spending-etc? If I sync to my bank,
those items kind of disappear. I can have buckets for them as
expenses, but they are already deducted from my direct deposit. Does
it just wash?
--~--~-~
On Apr 3, 2009, at 10:52 AM, Dawn wrote:
> This might be a silly question, but how do you deal with pre tax
> deductions --insurance, flexible spending-etc? If I sync to my bank,
> those items kind of disappear. I can have buckets for them as
> expenses, but they are already deducted from my di
Interesting. It's not so much the tracking, but the cost for a year in
the big budget. I guess as it's a fixed expense, you are right. It's
not like I'm going to drop my health insurance. 403b contributions,
either for that matter. Thanks. dp
On Apr 3, 12:25 pm, Kevin Hoctor wrote:
> On Apr 3,
The envelope system is to help you not over spend each month. Imagine
you do this with cash instead of writing checks or using a debit card.
Basically, you know how much income you're going to get each month.
That's all the money you get, so that's all you can spend, unless you
go into deb
I agree with Trish in that the Allocate Income feature has never
worked quite how I would expect or how I would want so I end up doing
all my distributions manually.
The problem here, in my opinion, is that there is no automated
changing of the "Spending Plan" amounts. Using Trish's example, if I
I've had difficulty with the allocation process too, mostly because my
monthly income is unpredictable. I ended up allocating manual, as have
others.
daniel
On Fri, Apr 3, 2009 at 10:58 AM, wrote:
>
> I agree with Trish in that the Allocate Income feature has never
> worked quite how I would ex
> The problem here, in my opinion, is that there is no automated
> changing of the "Spending Plan" amounts.
>
> For this to work, you really need to tediously manage the Spending
> Plan amounts for every bucket which becomes a chore. It seems like
> MoneyWell could do something here to better auto
> I don't believe this would be productive. Changing your Spending Plan
> should be a deliberate choice on your part, and not an automatic
> process you might not notice or forget about, because you are defining
> your goals.
You have a point, but most of us cannot predict exactly how much money
On Apr 3, 2009, at 11:25 AM, Patricia Cross wrote:
>> This behavior hasn't changed in MoneyWell and manual money flows
>> won't
>> affect the Allocate Income process unless you do one prior to the
>> allocation. The reason most people haven't noticed this is that the
>> two actions are supposed
On Apr 3, 2009, at 12:58 PM, goo...@lancegeiger.com wrote:
> I agree with Trish in that the Allocate Income feature has never
> worked quite how I would expect or how I would want so I end up doing
> all my distributions manually.
>
> The problem here, in my opinion, is that there is no automated
On Apr 3, 2009, at 1:00 PM, Daniel Shanahan wrote:
> I've had difficulty with the allocation process too, mostly because
> my monthly income is unpredictable. I ended up allocating manual,
> as have others.
Daniel,
If you have a variable income, you still should be working to set a
spend
On Apr 3, 2009, at 2:09 PM, Lance wrote:
> You have a point, but most of us cannot predict exactly how much money
> we will need in every bucket, thus we would be forced to continually
> tweak our spending plan amounts if we want the Allocate Income feature
> to be of any use for allocating incom
On Apr 3, 2009, at 1:42 PM, Terry Norton wrote:
> Now, as bill come due, take the money from that envelope and pay the
> bill. This system is supposed to stop you from over spending for
> each expense you have. Once the money is gone from the Dining
> envelope, you can't spend anymore on
On Apr 3, 2009, at 10:00 AM, tony.spranger wrote:
> thanks for your help...got it figured out.
>
> but one other question...
>
> should the bucket totals match checking account total?
>
> the only reason i ask is because at the bottom of the reconcile page,
> there is a little message and at the
On Apr 3, 2009, at 9:26 AM, glooft wrote:
> I am still a MoneyWell newbie. I started using it on March 1. I set my
> Cash Flow Start Date to March 1 and proceeded to blow my spending plan
> out of the water last month.
>
> I am starting fresh with a new spending plan and a new Cash Flow Start
> D
On Apr 3, 2009, at 12:27 AM, Folkhearts wrote:
> I still cannot download from US Bank, and I reallly want this to
> work. Can you be more specific, there seems to be so many
> alternatives.
> Did you put the social & pin in the "Manage Download Transactions"?
> What did you use for the bucke
> I personally don't worry about matching up the two matching up but I
> added it to make it easier to see your bucket cash total.
>
Kevin,
If you don't worry about account balances matching up with bucket
amounts, how do you protect yourself from mistakes that make you think
you have more mon
On Apr 3, 2009, at 6:46 PM, Lance wrote:
>> I personally don't worry about matching up the two matching up but I
>> added it to make it easier to see your bucket cash total.
>>
>
> Kevin,
>
> If you don't worry about account balances matching up with bucket
> amounts, how do you protect yourself
I use credit cards for everyday purchases but I always pay the
balances in full each month so I never pay any interest. I do this so
I get rewards and the additional benefits that come with purchases
made on my credit card.
When I watched the video tutorials on the web site, the example only
used
> Because I have several accounts and lots of money movement between
> them. My buckets contain money that I have allocated to them from my
> income buckets and I don't spend what I haven't allocated. That's the
> standard MoneyWell usage model: Allocate only what you earn and spend
> only
In this example you're simply not using the correct MoneyFlow date.
Go to dinner on 3-31, that's fine. Then on 4-2 enter the transaction
date as 3-31 because that's when you went to dinner. Seems the fly in
your soup is when you also do the MoneyFlow, it will have a 4-2 date,
but that's
Now I understand. I was under the impression I needed to reset the
cash flow date at the start of each month.
(hits hand on head)
It is so simple when you understand it.
Thank you for your time.
Kevin
On Apr 2, 7:45 pm, Kevin Hoctor wrote:
> On Apr 1, 2009, at 7:25 PM, Kevin wrote:
>
> > T
"but I believe the tips from the video tutorial and the Debt Payment
bucket should only be used if you have credit cards with balances that
you are NOT paying off in full every month."
The problem I see, with this alone is that if you do not reflect these
transactions in an Expense Bucket, then t
Ahh, been thinking about this more. Could it be that those amounts
are already accounted for when purchasing items with the Credit Card,
and what was allocated for those purchases came from the Salary Bucket
in the first place? Thus, they are accounted for?
--~--~-~--~~~-
30 matches
Mail list logo
