Oh I wish this were just another importing issue. This is "stupid user" issue.
Remember that I am ignoring all history (for now). I am starting from scratch. Like a good boy I go and set up my spending plan. I figure out what all my bills are and add them to a bucket until I account for all my known bills. Then I go and add all my "estimated" expenses like gas for the car, eating out, groceries, etc (report from quicken for a solid pall bark). That was what I did last week. So today I get to T-0 and start paying bills and I get to my car payment. I have no idea what bucket I used to plan for this expense. Was it "debt repayment" or "automobile"? While that exact bucket doesn't matter for this expense I wondering on the philosophy of which bucket for what expense. In Q these things had their own little expense category/bucket as the transfer. Again the mechanics are understood. It is the "spending plan" philosophy that makes moneywell work that is being examined (not questions, but refined). I am leaning toward a philosophy that any money owed is a debt and should be tracked as "debt repayment". An auto loan isn't really an automobile expense as much as an interest bearing debt. Since I am having to retool I thought I would survey the experienced and see how for off in left field I am this time. An Karen, never under estimate the ability of a male of the species to stagnate or progress in a backward manner. Women no longer have to try to show us how slow we are. We prove it ourselves eventually. Jaysen On Jan 1, 12:55 pm, Kevin Hoctor <[email protected]> wrote: > On Jan 1, 2009, at 10:12 AM, Jaysen wrote: > > > I know I am slower than most, but I think I made a boo boo. Hopefully > > someone can offer some quick and simple guidance. > > > Following Kevin's KISS principle for bucketing I did not create > > buckets for each loan payment. I allocated my car payments in either > > "Debt Repayment", "Automobile", or "Loans". Now a normal person > > probably would have updated the descriptions to indicate which > > expenses are associated with which bucket, but I have never claimed > > "normalcy". > > > So what do the rest of you do? I figure I have to sort all this out as > > I did this for just about every bill I have. Luckily some are easier > > than others. It is hard for me to confuse just what the "Gas and > > Electric" bucket is for. > > Jaysen, > > When I moved my transactions over from Quicken, I had a huge mess of > categories and various names for the same payee. What I ended up doing > was selecting several transactions at once and doing a mass edit in > the transaction detail. I also did a lot of dragging and dropping to > new buckets to consolidate them. It's easier to do now with 1.4 since > you can hold down the Option key while dragging one bucket to another > to merge them. > > In one case, I had my auto insurance and homeowners insurance confused > because they are both State Farm and both similar amounts. I actually > ended up filtering my transactions to "State Farm" and sorting by date > so I could select every other one and give it a unique name (State > Farm Auto and State Farm Homeowners). I also updated my memorized > transactions for each so the automatic payments, which had slightly > different names, would comply with this new naming scheme and I could > keep my one insurance bucket but still retain some detail in my > reporting. > > 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 -~----------~----~----~----~------~----~------~--~---
