On Dec 12, 2008, at 11:23 PM, philco wrote: > I think this answered a question I had, but I just want to be sure. > I currently use Budget, but I'm looking around since it's lacking in > many areas. I find MoneyWell very well done. The UI does have a much > better design to it then Budget, but I'm still having issues coming to > grips with the Allocate Income. I guess a simple way to say it is, can > I turn off the whole monthly window concept and have it be continuous? > That is, no rollovers and have the Allocate Income dispense based on > percentages? I was hoping if I set all buckets to the same priority it > would do something like this, but it doesn't appear to. It looks like > it tries to figure out where we are in the current month and it > doesn't allocate all of the income. > This is what I do currently. Since Budget is limited, I wrote a small > Java app where I input our income and how much we want to go into each > bucket each month. It then calculates how much goes into each bucket > for each of our paychecks using simple percentages. I then input this > into Budget. We can then just deposit pay and spend as we go. > Sorry, I rambled a bit.
Hi Phil, Why are percentages better than amounts? Basically, MoneyWell is patterned after the envelope budgeting method where you create a spending plan and separate your cash into buckets (envelopes) each time you get paid. You only fill each bucket with the amount you have designated for that spending category and you only spend what you have allocated. If you don't spend it all, it stays in the bucket even after you put in the amount from your next paycheck. MoneyWell breaks it down into monthly views because the majority of bills are monthly and most everything else can be seen in this time period breakdown as well. I hope this helps. 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 -~----------~----~----~----~------~----~------~--~---
