On Apr 3, 2009, at 1:42 PM, Terry Norton wrote:
> Now, as bill come due, take the money from that envelope and pay the > bill. This system is supposed to stop you from over spending for > each expense you have. Once the money is gone from the Dining > envelope, you can't spend anymore on dining, for the simple reason > there's no money in the envelope to spend. > > You also happen to have an Entertainment envelope. What you are > doing is making a decision that you would rather eat out more than > entertain yourself. So you take money from the Entertainment > envelope and put it in the Dining envelope. Obviously, you are now > going to spend less on entertainment for the month. > > If you do this every month, then you might as well allocate more to > dining than entertainment each month instead of having to steal from > the Entertainment envelope. Now if you truly don't want to > overspend on dining, then when the envelope is empty, don't go > dining until it gets filled again. I think we're looking at this scenario from opposite directions. Say it's March 31st. I have $50 left in my Entertainment bucket and $0 left in my dining bucket. I decide "hey, let's go out to dinner tonight!" and we do. So when I sit down and do the receipts on April 2nd, I assign the credit charge to the Dining bucket, because it's a dining expense. I pay for it by transferring the $50 I didn't spend in March on entertainment into the dining bucket instead. That transfer shouldn't affect my allocations for the month of April. The fact that I decided to spend leftover entertainment money on dining shouldn't mean that now I don't need to allocate the full amount for dining for April, nor that I "screwed up" by overspending in the dining area. If anything, it means that I actually looked at my money *before* I spent it, which admittedly is new to me. Kevin said that Moneywell simply can't tell the difference between a money flow generated by Allocate Income and a manual one, so I'm assuming that's why I get all screwed up at the end of every month when I look at my leftovers and decide to spend them in different areas then originally budgeted. It's not a crisis or anything I can't live with, but I'm looking forward to having Moneywell not mess up my planned allocation just because I did a little rearranging at the end of the month. -Trish --~--~---------~--~----~------------~-------~--~----~ 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 -~----------~----~----~----~------~----~------~--~---
