Yes. The fact that there's not a mathematical connection between bank balance and bucket balance is the one thing that keeps me from using MoneyWell--it boils down to simply not trusting it!
(The fact that I'm still reading this forum shows that I really would like to have it be my One True Solution!) ds On Apr 16, 2009, at 3:34 PM, Lance wrote: > > On Apr 16, 11:46 am, Druzyne <[email protected]> wrote: >> My suggestion to you, and others, is to only worry if the Bucket >> Balance exceeds your account balances. If the Bucket Balance is less, >> and you only focus on your bucket balances, that simply means you're >> spending less money than you have available, which should be your >> goal >> anyways. So don't worry!! You're doing yourself a favor and saving! >> If >> you want to find out how much you have saved, just subtract the >> Bucket >> Balance from your account balances. >> > > I disagree. Ensuring your bucket balances equal your account balances > is the money flow equivalent of reconciling your bank accounts. Sure, > if the bank says I have more money in my account than I think I > should, I'm happy, but that's still not a good place to be in. It > means some mistake was made somewhere and it may come back to bite me > eventually. Yes we should all spend less than we earn, but that should > be a conscience decision, not an artifact of mistakes we've made in > data entry. > > I still think MoneyWell should enforce this check by default as it is > a huge stumbling block for new users. There could be a preference > option for turning it off if you really want to, although I have yet > to hear a compelling case for why you'd intentionally let your account > balances diverge from your bucket balances. > > -Lance > > > > --~--~---------~--~----~------------~-------~--~----~ 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 -~----------~----~----~----~------~----~------~--~---
