On Jan 29, 2009, at 6:57 PM, Tannie wrote: > I want to simplify my categories a bit more, I tend to overdo them. > Currently I have a few buckets relating to my home: > - mortgage > - utilities > - house (city tax, service fees (I live in an appartment building, I > pay service fees for someone else to clean the halway and such)) > > some related to leisure spending: > - dining out > - books > - hobby > - hosting of website / email > > and then some like: > - travel > - insurance (health, dog, house) > - savings > - gifts > - clothing > - dog (food, taxes, vet) > - equipment > - furniture > > I feel like I can simplify these a bit more, make one bucket for the > hobby/books/dining out bit, maybe move the furniture and equipment to > house. I use the memo field extensively, so it's very easy for me to > find all items that would fall under 'furniture' or 'equipment'. > Perhaps also separate the insurances in a proper way (medical, dog, > house).
Hi Tanja, Your list doesn't seem too long but my rule of thumb is to break out anything that I need to focus on to better control my cash flow. I know that eating out is very tempting for me and my family so that and groceries are focus buckets. Most of our utilities are very consistent so I don't worry about breaking out our different phone bills and I can't do much about our insurance payments so all our insurances are in one bucket. It's all about tracking my trouble spots. > > I'd very much like to separate the needs from the wants from the > savings clearly, but like I said, I tend to overdo the categorizing, > so I would appreciate anyone's ideas or suggestions. > How much do you chop everything in bits? What does your ideal > 'seperation' look like? > > Thanks in advance! I'm loving this really ;) I have some thoughts about the needs versus wants breakout in MoneyWell but I'm not done working on this design. I always had trouble breaking out "fixed" versus "flexible" expenses but I think there is a good division of necessities versus wants. Right now that shows up in priority of my buckets in my spending plan. I still have my main list in alphabetical order because that's the easiest way for me to find stuff. Peace, Kevin Hoctor [email protected] No Thirst Software LLC http://nothirst.com http://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 -~----------~----~----~----~------~----~------~--~---
