Michael, If I understand you correctly, I think that you would want to set the allocation for 1st Half. This will ensure that when you want to allocate on the 1st of the month, all your money will be allocated in the 1st half (which is the half that you're in on the 1st of the month). I hope this makes sense.
If you were to select second half on all of your buckets, they would not be allocated unless you selected Allocate Income sometime during the second half of the month. Grace to you, Blair On Jun 8, 2009, at 10:45 AM, Jason wrote: > > Thanks everybody for the helpful responses! > > On Jun 8, 6:09 am, bazcurtis <bazm...@bazmac.co.uk> wrote: >> Hi all, >> >> This is what I was trying to achieve, just for clarity. >> >> All my direct debits come out of Moneywell on the 1st of the month. I >> am paid on the first on the month. I want to fill my buckets in one >> go >> at that time. From what I am reading I need to set the allocate >> income >> to the 2nd half of the month and all will be well. Looking forward to >> next month :-) >> >> Best wishes >> >> Michael >> >> On Jun 8, 3:13 am, Druzyne <drew.k...@gmail.com> wrote: >> >>> Jason, >> >>> I just wanted to make sure you understand that the "Timing" of an >>> allocation is specified in two places: once on your Spending Plan, >>> where you specify First Half/Second Half/All Month for each bucket; >>> and second on the Allocate Income panel (after you click the >>> "Allocate >>> Income" icon) where you specify that the allocation is for the First >>> Half or Second Half of the month. >> >>> The setting on the Allocate Income panel seems to adjust >>> automatically >>> based on the current date, but it can be changed. So, for those like >>> myself who are paid once a month, and want to allocate once a month, >>> we must specifically choose a "Second Half" allocation on the >>> first of >>> a month for all of our income to be allocated (since it's already >>> there). I believe this was what Michael was trying to achieve. >> >>> You really should try to see a difference between the "timing" of a >>> bucket, and the "priority" of a bucket. Priority means deciding that >>> if there are limited funds, the electric bill should always win out >>> against a vacation fund. This setting is best for those that have >>> variable or unpredictable income. Timing means that if you're paid >>> bi- >>> weekly or semi-monthly, you can hold off on allocating to your >>> electricity bucket until the second paycheck, because the bill is >>> due >>> at the end of the month. These settings have different purposes for >>> different situations. >> >>> I'm glad, however, that Kevin shared how priority figures into >>> timing >>> and allocation. For those that allocate twice a month, it shows how >>> beneficial it would be to always set the timing of low-priority >>> buckets to "Second Half" (in the Spending Plan). It's not a big >>> deal, >>> though, since you can always flow money out of low-priority buckets. >> >>> //Drew > > --~--~---------~--~----~------------~-------~--~----~ 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 -~----------~----~----~----~------~----~------~--~---
