It appears that several users, myself included, have had problems getting accounts to match buckets. See http://groups.google.com/group/no-thirst-software/browse_thread/thread/47131b626d6d1f0e/880dafe408c890ce?hl=en#880dafe408c890ce
daniel On Sat, Apr 4, 2009 at 11:48 AM, Lance <[email protected]> wrote: > > On Apr 4, 11:22 am, Druzyne <[email protected]> wrote: > > Bucket totals are simply earmarks for your incoming money - meta- > > accounts that only make sense in the context of trying to spend less > > than you earn. They should not be tied to any particular accounts, and > > if you are honest about spending only what you earn when allocating > > money, these balances should not exceed your actual assets. > > > > I'm not saying that all the money within any particular bucket must > reside wholly within a single physical account, and in fact, if you > use credit cards for routine purchases, this will likely never be the > case. > > My point is that the sum of the balances of all your accounts which > you use for cash flow (checking, credits cards you pay off every > month, cash accounts) should always have a 1-to-1 mapping to the money > allocated into your buckets, otherwise you are setting yourself up for > trouble. > > If you want to frequently move money back and forth between checking > and savings to maximize interest, that's fine, but then your savings > account is now one your "cash flow" accounts and you need to account > for every dollar in that account in some bucket. Otherwise, how would > you ever catch a mistake? > > -Lance > > > > > -- Daniel Shanahan Oakland, CA 94610 --~--~---------~--~----~------------~-------~--~----~ 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 -~----------~----~----~----~------~----~------~--~---
