Money Folders

I would really like to see money folders implemented. Think of them as the
equivalent to mason jars or another such savings mechanism... I don't want
to have 30 actual bank accounts, but I'd like to allocate certain amounts to
future expenses. Folders within bank accounts, perhaps with associated
dollar amount goals and automatic allocation on deposits... Similar to what
you can do at Mvelopes.com.

Thanks.

J

----------------
This post is a suggestion for Microsoft, and Microsoft responds to the
suggestions with the most votes. To vote for this suggestion, click the "I
Agree" button in the message pane. If you do not see the button, follow this
link to open the suggestion in the Microsoft Web-based Newsreader and then
click "I Agree" in the message pane.

http://www.microsoft.com/communities/newsgroups/list/en-us/default.aspx?mid=83bcce42-302d-404c-8257-8ec208d0dd5c&dg=microsoft.public.money

Dick
Sat Feb 16 16:18:20 CST 2008

I vote no.

A vocal minority of users requests envelope budgeting/subaccounts/etc.
Occasionally they can be convinced that there are better ways to attack the
problem--which Money supports--but more often they can't.

You might want to search the archives of this newsgroup for ("cookie jar" or
"envelope" or "subaccount") and "budget" in the advanced group search for
group microsoft.public.money at http://groups.google.com and see if any of
the threads give you some idea of the other alternatives.

"rlrcstr" <rlrcstr@discussions.microsoft.com> wrote in message
news:83BCCE42-302D-404C-8257-8EC208D0DD5C@microsoft.com...
>I would really like to see money folders implemented. Think of them as the
> equivalent to mason jars or another such savings mechanism... I don't
> want
> to have 30 actual bank accounts, but I'd like to allocate certain amounts
> to
> future expenses. Folders within bank accounts, perhaps with associated
> dollar amount goals and automatic allocation on deposits... Similar to
> what
> you can do at Mvelopes.com.

rlrcstr
Sat Feb 16 20:07:02 CST 2008

Well, I guess I can't stop you from voting. But I'm quite sure that's a
feature I'd like.

Not sure why it would bother you to have the feature, you wouldn't be forced
to use it. I've been using MS Money for a lot of years and I'm quite
familiar with it's capabilities. And I still want that. So I double vote
yes.

J

"Dick Watson" wrote:

> I vote no.
>
> A vocal minority of users requests envelope budgeting/subaccounts/etc.
> Occasionally they can be convinced that there are better ways to attack the
> problem--which Money supports--but more often they can't.
>
> You might want to search the archives of this newsgroup for ("cookie jar" or
> "envelope" or "subaccount") and "budget" in the advanced group search for
> group microsoft.public.money at http://groups.google.com and see if any of
> the threads give you some idea of the other alternatives.
>
> "rlrcstr" <rlrcstr@discussions.microsoft.com> wrote in message
> news:83BCCE42-302D-404C-8257-8EC208D0DD5C@microsoft.com...
> >I would really like to see money folders implemented. Think of them as the
> > equivalent to mason jars or another such savings mechanism... I don't
> > want
> > to have 30 actual bank accounts, but I'd like to allocate certain amounts
> > to
> > future expenses. Folders within bank accounts, perhaps with associated
> > dollar amount goals and automatic allocation on deposits... Similar to
> > what
> > you can do at Mvelopes.com.
>
>
>

Dick
Sun Feb 17 18:27:51 CST 2008

Two reasons:

1) I think there are dozens of things Money needs more that would advance
sophisticated use of the tool to aid personal financial management. Each
hour they spend putting in frivolous phoo phoo to dumb it down is one hour
not spent on sophisticated features--not that they've been spending any of
those, but I hate to encourage them more in the dumbing down direction.

2) Features like that make the tool more appealing to people who will
struggle mightily with it.

"rlrcstr" <rlrcstr@discussions.microsoft.com> wrote in message
news:01897A5D-2888-4721-A006-A5134BF7C561@microsoft.com...
> Well, I guess I can't stop you from voting. But I'm quite sure that's a
> feature I'd like.
>
> Not sure why it would bother you to have the feature, you wouldn't be
> forced
> to use it. I've been using MS Money for a lot of years and I'm quite
> familiar with it's capabilities. And I still want that. So I double vote
> yes.