Mark,
I also like the idea of putting the money toward the principle, but
for different reasons. Whenever I've tried to do similar activity
with my investments--I'll accumulate it in Savings throughout the
year, and then buy my investments in one big lump, usually, I don't
have as much
Budget your minimum payment including interest (the $200). You can
still pay more, but it will need to come from your surplus. The idea
with MoneyWell is to let you control expenses and show you where you
are (sorry if that is slightly off Kevin). You can always spend more,
but you will need to
Thank you!
As long as moving money from bucket to bucket doesn't affect or
'change' my account flow (checking, savings, money market, cc's,
loans, etc), then i'm fine. My checking account should reflect the
same as my bank statement.
Now onto reporting... I would like to know my income to debt
On Dec 23, 2008, at 10:36 AM, mhadja...@gmail.com wrote:
As long as moving money from bucket to bucket doesn't affect or
'change' my account flow (checking, savings, money market, cc's,
loans, etc), then i'm fine. My checking account should reflect the
same as my bank statement.
Mark,
You
My monthly payment from the bank is lets say 200 bucks. Each month, I
pay a different amount, sometimes 225, sometimes 250, sometimes even
300. Now any extra over the 200 goes towards principle.
So I can't track a steady cash flow because depending on how much
extra money I have left is what I
Hi, Mark,
I take a different approach to loans than the others that have
responded. I like that MoneyWell helps me spend only the money that I
have by allocating it to specific purposes. However, as your example
demonstrates, finance software should do more than that. I refuse to
keep
I was messing around with iBank and it seems to do what I want,
however, I'm still willing to give MW a shot till the end of the week.
What I want to know is my principle balance on the car. I don't need
it down to the exact dollar, as this amount will change on a daily
basis since that's how
On Dec 19, 2008, at 7:27 PM, mhadja...@gmail.com wrote:
What if you do not know your total amount left (with interest). I also
do principle reductions. That was the reason why I wanted to split up
both principle payments and interest payments.
Mark,
You should be able to get a current
