[moneydance] Envelope Budgeting/Category Balances...
Brett Russ
bruss at alum.wpi.edu
Thu Apr 10 22:50:45 EDT 2008
On Thu, Apr 10, 2008 at 8:28 PM, Chuck <chuckf410 at yahoo.com> wrote:
> Like you, I have not played with the new budgeting tools in MD. No offense to Sean, but I've yet to find a checking/finance software package do budgeting the right way (read: as I want it done).
>
> The reason I do an envelope system is so that I can easily track my budget as I go along in the month. I create my budget at the beginning of the month, allocate my envelopes and I'm pretty much done. I can see how much money is left in a category at a very quick glance. Then I don't spend much time other than category corrections inside the month.
>
> As for the spreadsheet it is not something that I created. I pulled it off of the 'It's Youre Money' website at http://www.mdmproofing.com/iym/products/envelope-check-register/ and it's a free download.
Well, I asked for info and I certainly got it. Thank you to all who
replied! Some great info there and great reasons to look into it
further. I read all the replies, the link above, and parts of YNAB's
website.
I think we should look into developing an envelope budgeting extension
to MD. I wonder if this is feasible. Seems like it might be
complicated. I wonder if Sean could comment on this idea--estimate of
complexity and capability.
Thanks again,
BR
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