Thanks, I will have to say this is one great forum group. I greatly appreciate the help and look forward to being knowledgable enough to help others.
Troy D. Jones On Mar 26, 2009, at 5:52 PM, Kevin Hoctor <[email protected]> wrote: > > On Mar 26, 2009, at 1:21 PM, Troy wrote: > >> I am excited about setting up and using MoneyWell. I've researched >> the >> forums, watched the tutorials and have a vague, general notion about >> how to begin. I may have overlooked this in the forum archives; >> does a >> written, step-by-step set of basic instructions exist for newbies. >> I've enabled direct connect with my bank. I can download banking >> transactions into MoneyWell. I don't think I fully understand how to >> use buckets. I know now much to pay and to whom re: my creditors. >> Do I >> set up a bucket for each bill due during the month? >> > Hi Troy, > > You can set up as many or as few buckets as you'd like. We have a few > articles about keeping the list smaller (http://nothirst.com/ > articles/). Think of buckets as a way to group transactions into focus > groups. I have a tendency to eat out so I make sure I have a Dining > bucket to track that spending. I don't break out my utilities as much > anymore but I do still have one for each. All my insurance bills are > in one bucket though (auto, home, life, heath). It's all about > improving your cash flow. If you have a problem area, break it out and > focus on improving it. > >> How do I match up downloaded banking transactions with the bucket? > > > Click the camera button next to the Payee name and create a memorized > transaction. You can set up multiple aliases for each one so MoneyWell > can match them up with downloaded transactions. If you download a > transaction with the payee "DEBIT CARD 0206 HOME DEPOT #2464" you can > add a memorized transaction with the payee "Home Depot" and and alias > of "home depot" (MoneyWell will actually create that automatically) > and then tell it what bucket to use for this each time. > > Let me know if you have more questions. > > 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 -~----------~----~----~----~------~----~------~--~---
