Thanks Kevin, Bank Fees: I forget that just because I have a bucket doesn't mean I have a spending plan for it.
Insurance: Yeah that makes sense one "bucket" for all. Again, I'm still working on re-wiring my thinking. I'm a very detail oriented person, but I'm work on it. It will be my 2009 resolution. ;) Thanks, Mike PS - Patrick, thanks for your quick reply as well...wow this is a great little group here. On Dec 15, 3:32 pm, Kevin Hoctor <[email protected]> wrote: > On Dec 15, 2008, at 1:52 PM, mikemc 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 > > Hi Mike, > > I have a bucket called "Bank Fees" and Chase recently waived my > monthly fees (it helps to have both business and personal accounts at > a bank) so I've change the spending plan frequency to "No Plan" so I > don't have to budget for it. The only charges that should end up there > are the occasional out of network ATM fees or something like that. > > > 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? > > Unless you have a serious problem controlling your spending on these > different insurance payments, I'd lump them in one Insurance bucket. > Remember that unlike Quicken, you only need to break down your > spending for the purpose of controlling it and not just to create > obnoxiously long reports. I used to have so many categories (and sub > of sub categories) in Quicken and then I stopped and consolidated when > I moved to MoneyWell. > > > 3. Stamps and other postage? > > I lump these in with Office Supplies but again, it depends on how much > tracking you want. If you need to work on controlling an expense, > break it out into another bucket. It's very easy to breakout and merge > buckets (hold the Option key down while dragging and dropping one > bucket onto another). > > Peace, > > Kevin Hoctor > [email protected] > No Thirst Software LLChttp://nothirst.comhttp://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 -~----------~----~----~----~------~----~------~--~---
