On Dec 10, 2008, at 6:30 AM, kmacstuf wrote: > Thanks for the reply. > > Do you have any insight on how often people tend to download their > non- > ofx transactions? > Hi Kevin,
I don't have statistics but I do know that there is a large group of people that prefer to manually enter transactions so everything is tracked by them and nothing slips by but there is an equally large or larger audience that downloads and imports transactions. All my Chase accounts are updated via direct connect but my ING Direct accounts require me to download and import (ING doesn't like direct connections). Many banks offer OFX/QFX downloads but no direct connect so you can still get the benefits of OFX data, just not the convenience of a direct connection. > Also, on the collapsible buckets idea, Mvelopes solves the "hidden" > numbers bit by not hiding them at all. When the group is collapsed, > it shows the sum of the underlying envelopes next to the "root"? > envelope. So this at least gives you a visual of + or - in the > overall group, which I think minimizes the potential for danger, > although admittedly doesn't eliminate it entirely. I do like the > cleaner look and more screen real estate for the rest of my buckets - > most of which would not be in groups anyway. I do understand what you're saying and I did have the subtotals in the early test versions of MoneyWell but I still don't like the hierarchy. I think it's too easily abused. I also think that there is a benefit to reducing your bucket count and focusing on just those expenses that really are trouble points for you. For example in Quicken, I had a Utilities category, with a Telephone category below it and three more below that for Local, Long Distance, and Mobile. All this detail looked great on the reports but did nothing to deter my spending. Now that I have one bucket for Telephone, I don't miss the detail. Now I do break out Dining, Entertainment, and Activities because those are impulse spending areas that I want to watch and make sure that I monitor before going over my plan. For those that need to track certain transactions in more detail, MoneyWell will get tags in a future release so you can mark a transactions for a specific person or event. Peace, Kevin Hoctor [EMAIL PROTECTED] No Thirst Software LLC http://nothirst.com http://kevinhoctor.blogspot.com --~--~---------~--~----~------------~-------~--~----~ 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 -~----------~----~----~----~------~----~------~--~---
