On Mar 1, 8:51 pm, Alan Schmitt <[email protected]> wrote: > On 1 mars 09, at 02:29, txcrew wrote: > > > After further reading and learning..... > > > This post by Kevin really sparked the "ah-ha" moment in terms of which > > transfers should have a bucket and which should not: > > >http://groups.google.com/group/no-thirst-software/msg/121c5960b5156fa8 > > > This got me closer to being balanced but in fact, led me directly to > > my problem, my income bucket for 'interest earned' on both my savings > > and my checking was counted in the buckets total however, I was not > > including my savings in the accounts total (for reasons obvious). Now > > I just have to figure out the best practice for recording interest > > earned on savings accounts. > > I've thought quite a bit about tracking savings, and I wrote a post a > while back on my > blog:http://alan.petitepomme.net/blog/2008/04/tracking-savings-in-moneywel... > > Even though it's almost a year old, it's still how I track my savings. > I would love some more graph options though ;-) > > Alan
I had seen this one before but had not really set up yet. However, I decided to fanatically start my emergency fund, so I set it up according to your last suggestion (I already had a bucket 'saving', so I simply created one called 'EF' and 'macbook' cause I plan to save for a macbook too, but first the emergency fund). It went very smooth and it looks like how I expect it. I do have one question though, do you make the second savings bucket (EF in my case) a spending or an income bucket? I made it a spending bucket at first and then the graph would drop below zero (negative spending) so I switched to income (and not included in combined income) but I'm not sure yet... I do like the idea of it being an income bucket, because it's an emergency fund and that way I can technically use it in case of emergency to flow money to my high priority spending bucket (mortgage, groceries, insurance etc). I wouldn't make my 'macbook' savings income though. What are your thoughts on this? 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 -~----------~----~----~----~------~----~------~--~---
