Thanks Mike - I wont give up yet!
On Feb 2, 7:49 am, mikemc <mikemck...@gmail.com> wrote:
> @Iterenzi,
>
> Patrick is spot on with this. I am a former Quicken user and it took
> me 2-3 weeks before my Moneywell "lightbulb" went off. I watched the
> Videos (numerous times) and kept following this group here. The more
> you read about it the more it will begin to make sense. Just keep
> asking questions. The group here is really helpful, as is the
> developer (Kevin). Don't give up once you get it you'll be happy you
> made the switch.
>
> I also, tracked my expenses for a few months in both Quicken and
> Moneywell. Just so I had the "sense" of security that I could refer
> to my familar way of doing things until I understood Moneywell. Just
> try and forget how you did things in the past and ask questions.
> You'll get it...
>
> Mike
>
> On Feb 2, 12:41 am, lterenzi <ltere...@gmail.com> wrote:
>
> > Thats a good idea actually... track in two programs to keep things
> > running... Thanks again...
>
> > On Feb 1, 10:44 pm, Patrick Burleson <pburle...@gmail.com> wrote:
>
> > > On Sun, Feb 1, 2009 at 7:57 PM, lterenzi <ltere...@gmail.com> wrote:
>
> > > > Thanks for taking the time to answer Patrick. I want to get this so
> > > > bad because I think it can really help us but I just seem to be
> > > > confuserated (and old blues idiom) by it all.
>
> > > You're welcome. I know from personal experience it can be difficult to
> > > get ones head around how all this works.
>
> > > > Here's another... For Dining Out I have $300 a month allocated. I want
> > > > all $300 ready to go for the whole month right away. Should I just set
> > > > it to First Half so it's all there ready to go?
>
> > > Yep, set it to first half and the bucket will get completely filled
> > > during the first half's allocation.
>
> > > > Are the main reasons for First Half, Second Half to allocate paychecks
> > > > that come at those intervals. Basically at the beginning of each month
> > > > I want to fill all the buckets for that month right away. Should I
> > > > just set everything to First-Half?
>
> > > First and Second half are, at least for me, how I deal with receiving
> > > two paychecks. Some buckets I have set to "all month", which allocates
> > > half their spending plan in each half of the month ( groceries, child
> > > care, gasoline, etc ) are all month for me.
>
> > > I use the halves for half of the month specific expenditures. All my
> > > debt repayments are in the first half of the month, so that half fills
> > > my debt repayment bucket.
>
> > > The second half has a lot of my utilities, so they get filled in the
> > > second half of the month.
>
> > > > Still confused... and feeling kind of frustrated and stupid to be
> > > > honest... :(
>
> > > To repeat myself, if you haven't watched the tutorials a couple of
> > > times, I'd highly recommend it. I think once you see how a couple of
> > > months work, it will all start making sense.
>
> > > I actually tracked my first two months in both MoneyWell and MS Money
> > > in case I decided to go back to MS Money. Needless to say, I haven't
> > > been even tempted to open MS Money now that I've got MoneyWell
> > > cranking.
>
> > > Good luck and if you have more questions, just ask.
>
> > > Patrick
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