Matt Henderson
Budgeting & Financial Monitoring in the Internet Age — http://www.dafacto.com/2014/05/30/budgeting-financial-monitoring-in-the-internet-age/ …
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@mjtsai How do you distinguish an Amazon purchase of a shaving cream vs clothing?
Michael Tsai
@mhenders In MoneyWell I have separate buckets for Household Supplies and Clothing.
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@mjtsai That works well, when vendors map to categories cleanly — Mercadona = Groceries. But when so many transactions are from Amazon… -
@mhenders I don't think I have many vendors that map cleanly. For instance, I might buy toilet paper at the grocery store or milk at CVS. -
@mjtsai You enter transactions as they happen?
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@mjtsai Same in iBank, and with rule-based processing of incoming transactions. filing them into buckets was automatic.
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