I have dealt with similar situations by creating a seperate account. For
instance I may have an account named SAVINGS. I create an account
SAVINGS-EMERG. Then I can transfer funds in whole dollars monthly. Do not
reconcile the transactions until you transfer an amount back, split the last
transfer so that the total matches the amount transfered back. Then you can
reconcile without changing the balance. This can be done from other accounts,
such as checking as long as you transfer back before reconciling these
transactions. The balance will be reduced in one account but since it will be
listed right below it, in the other account it is easy to see the total. I
have had as many as 6 or more of these "subaccounts" with no problem.
--
wdy


"news.microsoft.com" wrote:

- quote -

I agree Dick... Envelope budgets are hard to keep up with... I
developed a whole new way to budget that we call the Three Piece
Plan...
Berry

Dick Watson wrote:
- quote -

OK, I have developed a system called the Three Piece Plan...it's simple
if you have a handle on your money. If not I'll gladly help you set up
your Three Piece Plan for free.

Here is how it works- You add up all your bills including any
"infrequent" bills. Divide those out by month. Also include any debt
payments. Then add in a buffer of emergency money- $25-$100 a month
depending on your circumstance.

So:
Income - (minus) Bills - Emergency Money- Debt Payments= Everyday
Money (Everyday Money is what I call it.)

Pick one- separate your Everyday Money into either cash or a second
account.

Now this is the cool part... As long as you don't spend more than your
Everyday Money then you'll always have money to pay ALL of your bills.

You'll have two registers but that is very common. This method takes
emergencies and spread out payments to a level that reduces all the
stress of both knowing how much you have AND of keeping track of it.

Let me know what questions you have. Berry

I agree that Money Budget Planner doesn't treat less-than-monthly recurrence
expenses well at all. I disagree that any form of "envelope" budgeting is
the answer.

Anything big on M07? Almost surely not.

"news.microsoft.com" <faspina[at]gmail.com> wrote in message
news:e$8b$dwlGHA.748[at]TK2MSFTNGP02.phx.gbl...
- quote -

"news.microsoft.com" <faspina[at]gmail.com> wrote in message
news:e$8b$dwlGHA.748[at]TK2MSFTNGP02.phx.gbl...
- quote -

- quote -

I've run into the same situation/problem myself. Since it's savings for
payments that are infrequent, have you considered some of the online
savings accounts like INGDirect? INGDirect in particular allows you to
create multiple savings accounts rather easily that are linked to your
checking account. There's other online savings accounts with better
interest rates but I'm not sure if you can create mutliple accounts on
the fly with them.

I'm not expecting sub-accounts to show up in Money 07. It would make my
life easier if they did. I've heard Quicken has the concept but I
couldn't figure it out quickly. And since you have to sit on the money
for a little while, why not get a bit of interest out of the deal.

Cara

Money budgeting systems is not very good. I need a envelope system to help
me plan allocate for those 1 time or 2 time a year expenses I have several.
Like hiding money from myself with out effecting my check register. Either
in a budget table or allocation account.

Does anybody have a method of doing this that works. I have experimented
with UNDATED transaction in checking account to hide money from the bottom
line. These transaction do not show up in the cashflow. I have also tried
transfering to "cash" accounts , but that messes up the register

Any body have any other ideas. What about Money 07, anything big in that.