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#4
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| "Not so sure" <Not so sure[at]discussions.microsoft.com> wrote in message news:0A1F5F4F-CA11-41E3-9CDB-2E2EF04B0FF2[at]microsoft.com... - quote - > I am encountering the same problem, Is there any way to tell the drp NOT to
It does not. The DRP is in the budget. You cannot change that. I guess> be included in the budget I would prefer to have a list of my debts > showing > in the budget. Surely "Money" would have a way around this problem Microsoft does not consider it a 'problem'. -- Chris Cowles Gainesville, FL |
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#3
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| I am encountering the same problem, Is there any way to tell the drp NOT to be included in the budget I would prefer to have a list of my debts showing in the budget. Surely "Money" would have a way around this problem "BDC" wrote: - quote - > I recently set up a debt reduction plan in Money, and all went well. I > subsequently set up a Budget, and encountered a problem. In the group "Debt" > in the budget, there is a line from my debt reduction plan that says > $2000.00. However, under that, is a list of monthly "debts" that are in my > system. So, in a sense, Money is "doubling" the amount in my monthly budget > for the Debt. It is using the totals of the individual debts, and then the > amounts I have in my monthly transactions for the same debts. How do I > correct this, without removing the monthly memorized/scheduled transactions > that are all set and working well? How do I remove the line "Debt" that is > in the budget that is imported from the debt reduction planner? I would > appreciate any help anyone can provide....Thanks |
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#2
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| "BDC" <BDC[at]discussions.microsoft.com> wrote in message news:AAFE89E0-ED2C-449A-9C50-778982EB245A[at]microsoft.com... - quote - > I am using Mny2006. If I delete the transactions that I entered, how do I
I think you can go back through the steps of the DRP and, at the end, just> get the DRP to re-enter the transactions into my monthly "bills?" I > elected > to NOT have the DRP do this when I went through the debt reduction plan > setup. check the boxes. If you don't let DRP manage the bills, it can't optimize the payments. If you look at the schedule by account, it revises the amount each month to pay only the minimum on the lower rate accounts. As you pay them down, the minimum decreases, leaving more cash available to pay against the highest rate account being managed. Be wary of simply deleting the payments you created yourself. The may leave ghost transactions in the budget. Edit them to $0 and change the number of remaining payments to 1. Record that payment, then void or delete it. That process prevents the ghost budget entry bug. Do that before setting up DRP to manage the bills. If you're using only bill payment, you can't set up the DRP as auto because the amounts vary. It can be set up for epay but you have to remember to check the box and process it, just as you would have to remember to write and send a check. -- Chris Cowles Gainesville, FL |
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#1
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| I am using Mny2006. If I delete the transactions that I entered, how do I get the DRP to re-enter the transactions into my monthly "bills?" I elected to NOT have the DRP do this when I went through the debt reduction plan setup. "Chris Cowles" wrote: - quote - > "BDC" <BDC[at]discussions.microsoft.com> wrote in message > news:A660DA0D-D142-4273-8E2F-E79904FF9549[at]microsoft.com... > > I recently set up a debt reduction plan in Money, and all went well. I > > subsequently set up a Budget, and encountered a problem. In the group > > "Debt" > > in the budget, there is a line from my debt reduction plan that says > > $2000.00. However, under that, is a list of monthly "debts" that are in > > my > > system. So, in a sense, Money is "doubling" the amount in my monthly > > budget > > for the Debt. It is using the totals of the individual debts, and then > > the > > amounts I have in my monthly transactions for the same debts. How do I > > correct this, without removing the monthly memorized/scheduled > > transactions > > that are all set and working well? How do I remove the line "Debt" that > > is > > in the budget that is imported from the debt reduction planner? I would > > appreciate any help anyone can provide....Thanks > Were the monthly transactions created by the debt planner? Or by yourself, > manually? If the latter, cancel those and let the DRIP manage them. I'm > using the DRP to pay down 2 credit cards. The debt category lists the DRP > total, plus my mortgage. The total of the debt category is the sum of the > two amounts. > What version are you using? > -- > Chris Cowles > Gainesville, FL |
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| "BDC" <BDC[at]discussions.microsoft.com> wrote in message news:A660DA0D-D142-4273-8E2F-E79904FF9549[at]microsoft.com... - quote - > I recently set up a debt reduction plan in Money, and all went well. I
Were the monthly transactions created by the debt planner? Or by yourself,> subsequently set up a Budget, and encountered a problem. In the group > "Debt" > in the budget, there is a line from my debt reduction plan that says > $2000.00. However, under that, is a list of monthly "debts" that are in > my > system. So, in a sense, Money is "doubling" the amount in my monthly > budget > for the Debt. It is using the totals of the individual debts, and then > the > amounts I have in my monthly transactions for the same debts. How do I > correct this, without removing the monthly memorized/scheduled > transactions > that are all set and working well? How do I remove the line "Debt" that > is > in the budget that is imported from the debt reduction planner? I would > appreciate any help anyone can provide....Thanks manually? If the latter, cancel those and let the DRIP manage them. I'm using the DRP to pay down 2 credit cards. The debt category lists the DRP total, plus my mortgage. The total of the debt category is the sum of the two amounts. What version are you using? -- Chris Cowles Gainesville, FL |
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#-1
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| I recently set up a debt reduction plan in Money, and all went well. I subsequently set up a Budget, and encountered a problem. In the group "Debt" in the budget, there is a line from my debt reduction plan that says $2000.00. However, under that, is a list of monthly "debts" that are in my system. So, in a sense, Money is "doubling" the amount in my monthly budget for the Debt. It is using the totals of the individual debts, and then the amounts I have in my monthly transactions for the same debts. How do I correct this, without removing the monthly memorized/scheduled transactions that are all set and working well? How do I remove the line "Debt" that is in the budget that is imported from the debt reduction planner? I would appreciate any help anyone can provide....Thanks |
| Tags |
| budget, debt, plan, problem, reduction |
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