On Mar 17, 2009, at 10:37 AM, rahul wrote: > I'm sorry if this has been discussed already as I don't follow the > iPhone MW discussions (I don't have an iPhone... yet). I just heard a > great story on NPR's "To The Point" about how credit card companies > are taking advantage of consumers (more than usual) during this > economic crisis. One of the speakers (Dan Ariely: Professor of > Behavioral Economics, Duke University) came out in defense of a credit > card model that fits well with Money Well. > > He envisions credit cards working to keep people within their spending > plans. You would set up buckets (online I presume) on how much you > want to spend on coffee and then when you reach that limit, the card > is denied at Starbucks. It would continue working for other buckets, > for example at the grocery store. > > This is exactly what MoneyWell does now, except the credit card model > has the benefit of being portable. I don't know what's in my buckets > till I'm at my iMac at my desk at home. It would be great to have that > information with me while I'm at Starbucks, though (if I ever went to > Starbucks). > > Is this what the iPhone version of MW would do? Tie in with the > desktop version, perhaps through the web or an already established > site like www.mint.com? This would be a great tool for people to > control their spending.
Hi Rahul, Yes, this is exactly what MoneyWell Mobile will do. You'll have your financial information synced from your desktop MoneyWell and know how much you have to spend no matter where you are. Entering the transaction immediately into your iPhone will allow MoneyWell Mobile to sync up later with MoneyWell and you'll always have the current bucket totals. Some of the recent enhancements to iPhone OS 3.0 will also help make our mobile version even better. 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 -~----------~----~----~----~------~----~------~--~---
