I see envelope budgeting as the budget for the rest of the
family (all of them not doing the accounting). It needs to be able
to have just a few simplified sub-set of categories that are for
the discretionary spending. I can't get the rest of my family to
enter their categories for spending yet directly into their devices
with moneydance on them, because all the accounts and categories
for taxes, etc, appear in the choice list. If the iphone version
had just the categories I designated as envelope categories, then I
think I could get cooperation from the other spenders in the family
to enter their own spending.
65 Posted by Linda Baxter on 23 Mar, 2013 09:29 PM
I am new to Moneydance having been a user of MS money for over
15years. So slow now and not being supported is a constant worry
which is why I am in the process of changing. From 1st April I am
hoping all the reminders will transfer money from my bank accounts
to all the relevant accounts I have set up automatically for many
years to come. Never knew it was called enveope budgetting but have
set up 30 liability accounts. I hope it all works out because other
wise my computer will be going out the window.
I am sure when the new moneydance 2013 comes out that I will
MD needs to seriously improve it's budgeting features. My
budgets include some trivial complexities like large expenses that
I pay once a year - and am totally frustrated with MD's inability
to generate a useful visual of where I am spending my money and if
I am spending more that I am making.
Several posts have said that envelope budgeting is coming in MD
2013 and that I do not need to vote for it. I guess I'm just voting
for MD 2013 and a real budget...soon.
As a new user I too am looking forward to envelope budgeting in
MD. I have used three other envelope budgeting programs in the
past, which each had a good point here or there, but each lacked
something that made tracking/budgeting more work than
I am really looking forward to MD 2013 and the budgeting feature
which was the main reason for me to purchase the current
Thanks for moving in this direction.