On Jun 4, 2009, at 12:38 AM, CarmineM wrote: >> Trying to do allocations for past months is a total waste of energy >> because that's all history. > > Think so? > Let me explain why past allocations are meaningful to me, perhaps you > might > help me finding a better way to manage this all. > > I need to track past flows because I have already saved for bills yet > to come. > > E.g. > > Usually my electricity bill has a mean value of 90 every two months, > so each month I save 45. > What happens is that, from time to time, the bill's value I have to > pay is over the mean value of 90. > If I start tracking money flows from June 1st, I will have 45 > allocated for electricity and when the bill > arrives my electricity bucket will go below 0, which is absolutley > false since I still have money left from past > months rollovers. > > Makes any sense? > Yes, that makes sense but what I'm saying is that the history is not the issue. If you have $2000 to spend as of June 1, it's easy to reset your cash flow start date and drop some of that in buckets that have a balance left. If you have allocated money for electricity and there is $45 left over, then just drag the salary bucket to the electric bucket and add $45. I know this is not ideal but creating money flows is pretty easy so the history isn't so important but the bucket balances are.
With your register history, you can't just skip a month or two and restart it because you'll lose spending trends and that makes it harder to adjust future spending. >>> One more question. How am I supposed to track the expenses for >>> which I >>> can't (and don't want to) allocate any money? >> >> You lost me here. Why can't you allocate money for an expense? > > I admit the question wasn't clear at all, I beg your pardon. Honestly > it hasn't much sense either. > > Usually, those are expenses for which I cannot predict the allocations > and that I get a reimbursement for from my employer. Since they are > very frequent, I liked the idea to have them visible together with > other buckets. > > Thanks for your help I think I understand. We used to have a similar issue with my wife's work. She was constantly being reimbursed for spending and usually not until a month later. What we did was take money from another bucket to fund this when necessary and then reimburse the other bucket when we were reimbursed. It's a hassle though and I think I can come up with a better way of doing this with an I.O.U. system of some sort. 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 -~----------~----~----~----~------~----~------~--~---
