Thanks Kevin, More questions:
I made a copy of my MoneyWell file and am working with that just to experiment and get a sense of how it works. I am still very, very confused and I've read most of the manual, the tutorials, and the FAQs. For the sake of experimentation, I've told MoneyWell that I have my entire bank balance to spend. This amount is much more than I've allocated on my spending plan. The Allocate Income dialogue box can see the money in my income buckets now, so that problem's solved. But it has three columns: Planned (my spending plan amount, I assume), Allocated (?? How is this determined? Why is it different than planned?), and New Flow (???! New flow of what? From Where? Why?). OK, I click the save allocation button and some amount smaller than my spending plan figures flows into the expense buckets. I can't figure out why it's less than my spending plan figures, because the amount of money in my income buckets is higher, as is the amount of money I've alloted on my spending plan. Then there's the column called "New Flow." I have no idea what that is, but the figure in New Flow decreases when I click "Save Allocation." It turns out that I can click "Save Allocation" multiple times and allocated keeps going up, new flow keeps going down, but the amount I planned in my spending plan and as well as the amount I indicated I have to spend initially doesn't ever fully reach my expense buckets. I really don't get any of this. Please help me because I've devoted a lot of time to setting up and trying to learn this. If you can, I'd very much appreciate a phone call. On Jun 3, 2:34 pm, Kevin Hoctor <ke...@nothirst.com> wrote: > On Jun 2, 2009, at 8:43 PM, Chuck B wrote: > > > > > > > I'm a new user whose spent several hours with the tutorials, help > > files, FAQ, and setting everything up, but I still don't quite seem to > > get it. > > > I've made several income buckets because I have several sources of > > income and I'd like to track each in the future as new money comes in. > > At the same time, since I'm starting out and don't yet have new > > deposits to put into my income buckets yet, I have the total amount of > > money of my starting balances in my combined bank accounts that I've > > put into an odd income bucket that I called "Initial Dough" that I > > want now to flow into my expense buckets according to my spending > > plan, which I've created. To do that, I assume that I click on the > > Allocate Income button. But doing that just opens the allocate Income > > dialogue box, which has a button to "Save Allocation," but no button > > to flow the allocation to my expense buckets, as I'd expect. I don't > > get this. Shouldn't I be able to automatically flow the money out of > > my income bucket to all the expense buckets as I indicated in my > > spending plan? > > Hi Chuck, > > Look at the top of the Allocate Income panel. Under the Income to > Allocate heading, there is a pop-up selector. It will show you > "Combined Income Buckets" by default but this will only show money to > allocate if you have check the "Include in Combined Income" option on > the Account Detail (click on an account and look at the detail to the > right on the main window). If you want to allocate from one specific > income bucket, select it from this pop up and then use Allocate Income. > > > I know from the tutorial that I can drag the income bucket over each > > expense bucket one at a time, but why would I want to do that? Too > > much work. Shouldn't this process be combined and automated in one > > step with the higher priority buckets getting more money and the lower > > priority buckets getting less? > > > What don't I get? > > Also make sure that you have told MoneyWell how much money you have to > spend initially. You don't have to use a special "Initial Dough" > bucket because MoneyWell can put your initial amount into your main > income bucket if you want. Check out these FAQs: > > How can I get my balance in MoneyWell to match my bank balance? > > How do I tell MoneyWell how much money I have to spend at the start? > > And others in our FAQ section. > > Peace, > > Kevin Hoctor > ke...@nothirst.com > No Thirst Software LLChttp://nothirst.comhttp://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 no-thirst-software@googlegroups.com To unsubscribe from this group, send email to no-thirst-software+unsubscr...@googlegroups.com For more options, visit this group at http://groups.google.com/group/no-thirst-software?hl=en -~----------~----~----~----~------~----~------~--~---
