I hope I have understood this correctly - its one thing that
perpetually confuses me - sorry rather slow!
When I allocate income early in this way - therefore allocating to
next months bucket needs - the buckets fill up again immediately and
show me as having money left to spend this month but I don't want to
spend this money until next month (if that makes sense). This worried
me as it gave me the impression I had not fully spent my bucket
allocation for this month  - so I now don't allocate income until the
first of each month.
Is anybody finding a succesful way to use this feature - I'd be very
grateful.
bw
Paul

On Jan 9, 2:38 pm, Kevin Hoctor <[email protected]> wrote:
> On Jan 9, 2009, at 7:25 AM, ciara belle wrote:
>
> > Ok -- i was using this allocate drop down - think i did it wrong
> > If pay was 31st - should i choose next month starts in ONE day... (i
> > choose 15.... i was thinking next pay was in 16 days - which wasnt a
> > choice... so i chose 15 ... i was maybe wrong...)
>
> Ciara,
>
> The Allocate Income option for allocating early is to allow a paycheck  
> that comes at the end of a month to be used before the first of the  
> new month to allocate income for next months buckets. If you have all  
> your bills for this month paid by the 20th and you get paid on that  
> day, you can start allocating for the next month 10 or 12 days early.
>
> It doesn't change anything except that MoneyWell ignores the current  
> month for allocations and focuses on next month if you set the days  
> high enough.
>
> Peace,
>
> Kevin Hoctor
> [email protected]
> No Thirst Software LLChttp://nothirst.comhttp://kevinhoctor.blogspot.com
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