On Jan 2, 1:00 am, Karen <[email protected]> wrote: > Ah, that's it. No, you don't assign a bucket on the cc side. I don't > mind that my payment on the credit card side is unassigned as I know > those round numbers are a CC payment. I assign a bucket when the > purchase is made. You're not as confused as you think. ;-) > > Karen >
Oh, that's exactly what I do do :) Mine is set up roughly like this: -accounts- checking: $500 cc: - $300 I have a bucket 'debt', which says -300. When I make a payment to the cc, I'll just make a transfer and go to the cc-side of the transfer and set the bucket to 'debt'. The accounts will change to: checking: $400 cc: - $200 and the bucket will look like: debt -200 I should add that the cc isn't really a cc (long story ;)) and that I don't use it for day to day purchases. I could, but then I would assign the correct bucket to the outgoing money. I set it up like the above because it was debt accumalated before starting to use Moneywell and I just didn't want to go back and add all those purchases to buckets. I basically attempted to start from scratch, so I could start budgetting immediately and not worry too much about overdraft and such. I'm not entirely sure how I set it up exactly. I think I made a spending plan, added all my accounts and then allocated my income (which was only part of a regular income due to me starting halfway the month). Then I checked what buckets still needed filling despite the empty income-bucket and filled those up from the 'debt' bucket manually (because I already had an overdraft and even though income > expense I'd end up with a bit of overdraft still, which is debt). By the end of the month I'll take the money from still filled buckets and transfer that to the debt bucket (mostly meaning I have less overdraft than expected, yay). The total of the buckets and my accounts remain in sync this way. I usually put the debt bucket on hidden... Not sure if I use it the right way around though :) cheers, Tanja --~--~---------~--~----~------------~-------~--~----~ 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 -~----------~----~----~----~------~----~------~--~---
