Comments on: How To Project Your Cash Flow http://queercents.com/2007/08/13/how-to-project-your-cash-flow/ We're here, We're queer, and We're not going Shopping without Coupons Wed, 10 Mar 2010 04:23:21 -0700 http://wordpress.org/?v=2.9.1 hourly 1 By: beth http://queercents.com/2007/08/13/how-to-project-your-cash-flow/comment-page-1/#comment-58322 beth Tue, 14 Aug 2007 18:24:53 +0000 http://www.queercents.com/2007/08/13/how-to-project-your-cash-flow/#comment-58322 I've figured out my monthly fixed expenses (rent and all bills, *not* food or extra debt repayment) and now I pay them from a separate checking account. Every paycheck I transfer in half of the monthly expenses. Whatever is left in my main account is what I use for debt payment, saving, and living expenses. This doesn't erase the need to budget but it does assure me that I will always have the main requirements covered, and makes the cashflow of my day to day requirements much easier to see.<p class="top-comments">Current score: <span class="top-comments-karma" id="karma-58322">0</span> <small>(to vote for this comment, please visit the site)</small></p> I’ve figured out my monthly fixed expenses (rent and all bills, *not* food or extra debt repayment) and now I pay them from a separate checking account. Every paycheck I transfer in half of the monthly expenses. Whatever is left in my main account is what I use for debt payment, saving, and living expenses.

This doesn’t erase the need to budget but it does assure me that I will always have the main requirements covered, and makes the cashflow of my day to day requirements much easier to see.

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]]> By: Tracey http://queercents.com/2007/08/13/how-to-project-your-cash-flow/comment-page-1/#comment-58297 Tracey Tue, 14 Aug 2007 16:25:13 +0000 http://www.queercents.com/2007/08/13/how-to-project-your-cash-flow/#comment-58297 I used to have a problem with overdrafts until I started paying attention to this - you are so right. The way I manage it is to use my bill paying software (Quicken) to schedule all transactions 30 days out, including estimates for gas and variable utilities, and any income. It makes it easy to see the lowest point of the next 30 days and make adjustments. For example, I just put in estimated transactions for school supplies and new school clothes and realized I had better scale back some aggressive debt payments.<p class="top-comments">Current score: <span class="top-comments-karma" id="karma-58297">0</span> <small>(to vote for this comment, please visit the site)</small></p> I used to have a problem with overdrafts until I started paying attention to this – you are so right. The way I manage it is to use my bill paying software (Quicken) to schedule all transactions 30 days out, including estimates for gas and variable utilities, and any income. It makes it easy to see the lowest point of the next 30 days and make adjustments. For example, I just put in estimated transactions for school supplies and new school clothes and realized I had better scale back some aggressive debt payments.

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]]> By: The Simple Dollar » The Simple Dollar Morning Roundup: And Now The Wife’s Family Edition http://queercents.com/2007/08/13/how-to-project-your-cash-flow/comment-page-1/#comment-58270 The Simple Dollar » The Simple Dollar Morning Roundup: And Now The Wife’s Family Edition Tue, 14 Aug 2007 13:31:31 +0000 http://www.queercents.com/2007/08/13/how-to-project-your-cash-flow/#comment-58270 [...] How To Project Your Cash Flow If you’ve ever had trouble with overdrafts, this is great advice. (@ queercents) [...]<p class="top-comments">Current score: <span class="top-comments-karma" id="karma-58270">0</span> <small>(to vote for this comment, please visit the site)</small></p> [...] How To Project Your Cash Flow If you’ve ever had trouble with overdrafts, this is great advice. (@ queercents) [...]

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