Thanks Kevin - that's very clear. I think old habits were hanging over from YNAB on Windows, which had a way of allowing the forcing of income allocations into the following month and not allowing it to be touched until then.I guess I was subconciously trying to reproduce that feature. Best wishes
Paul On Jan 10, 1:27 pm, Kevin Hoctor <[email protected]> wrote: > Paul, > > The only reason to fill your buckets early is so you can start paying > bills early. That's why MoneyWell has to show the buckets as having > cash. If you want to wait then do as you suggested and wait for the > first to allocate income. > > Peace, > > Kevin Hoctor > No Thirst Software LLChttp://nothirst.com > > Sent from my iPhone > > On Jan 10, 2009, at 5:32 AM, pgauntlett <[email protected]> wrote: > > > > > 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 > > --~--~---------~--~----~------------~-------~--~----~ 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 -~----------~----~----~----~------~----~------~--~---
