On Mon, Dec 15, 2008 at 1:52 PM, mikemc <[email protected]> wrote:
>
> I use the term "bucketorize" since I am a current Quicken user looking
> to change my mode of thinking from categories to buckets.  I have a
> few situations where I am trying to find the best way to set up in
> Moneywell.  Any help would be appreciated.  How do/would people
> "bucketorize" the following transactions:
>
> 1. FI fees (overdraft, atm fee, etc...)  I no longer incur these since
> I'm better with my money, but curious
>

I have a bucket called "Bank Fees". I plop about $10 there a month to
cover my known monthly checking fee and any ATM fees I might incur. I
move and excess at the end of the month back to my main income bucket.

> 2. Jewelry Insurance? I use "Automobile" for Car Insurance,
> "Medical&Dental" for Life Insurance, and my Home Insurance is rolled
> up in my Mortage under "Housing".  Where would insurance on wedding
> rings/bands go?

I file all my insurance allocation needs under an Insurance buckets
with one exception, my mortgage payment includes this, so I just get
that from the Mortgage bucket.

>
> 3. Stamps and other postage?

I know Kevin will cringe, but I have a "Misc" bucket I put stuff like
that in. Very random, I don't have a spending plan for it. I just make
manual money flows when I need to cover an expense there.

>
> I have the following buckets set up:
>
> Automobile
> Cable/Internet
> Charity
> Clothing
> Daycare
> Eating Out
> Electric
> Entertainment
> Garbage/Recycling
> Gas/Heating
> Gifts
> Groceries
> Housing
> Medical/Dental
> Memberships/Subscriptions
> Personal Care
> Phones
> Retirement
> Savings
> Taxes
> Vacation & Travel
> Water/Sewer


That's pretty close to my bucket list. I have  few more, but mostly
they are for tracking something specific I'm saving for.

I hope that helps.

Patrick

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