I've been completely enamored with Moneywell since I discovered it last week. Kevin has truly put together an amazing program. Unbelievable, really. I have a few questions, but I'm going to start with the biggest one. Sorry if it's been asked before. Couldn't find anything with the search.
So, in addition to keeping myself straight on a monthly budget, I want to use Moneywell to keep track of savings goals. For example, I have the following classifications of Savings, where I want to put the following amount into each pile when each paycheck is distributed: Tax Bill Savings - $200/month Long Term Emergency Fund - $1100/month Big Ticket Purchases - $150/month (e.g. I want to buy a blu-ray player at some point, but want to save up for it first.) I don't intend to use these expense buckets each month, but I want to keep filling them so I can accumulate a larger bucket. So I stick it in my spend plan to divy up my salary toward those goals. I keep these funds in a separate account (I'll add my vote for tying buckets to specific accounts), so I'll do a transfer into that high-yield savings account in the amount of $1450/month. I have a spendplan with the above monthly amounts entered. I haven't been using the program long enough to experience a rollover, but its my understanding that when the previous months $1100 rolls over into the current month's Long Term Emergency Fund, when I go to allocate my salary, it will think the bucket is full for the month and skip over it, leaving a surplus of funds to distribute. Is this correct? If so, is there a way to force the allocate process to honor your spending plan. Maybe flag each buckets as either a recurring plan, or a cumulative one. For recurring buckets, the allocation process always puts the same amount in each time, no matter how much rolls over. For cumulative plans, the allocation process keeps rollover in mind and just brings the fund up to the spend plan level. Recurring would be used for future-looking goals, like savings. Cumulative will be on backward-looking expenses like fuel. Thanks. -Chris --~--~---------~--~----~------------~-------~--~----~ 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 [email protected] To unsubscribe from this group, send email to [EMAIL PROTECTED] For more options, visit this group at http://groups.google.com/group/no-thirst-software?hl=en -~----------~----~----~----~------~----~------~--~---
