Marking mortgage payments as an expense

Laurent Duperval lduperval at videotron.ca
Thu Jan 30 22:05:36 CST 2003


On 30 Jan, Richard Estill wrote:
> Yea. I started using gnucash after reading that very same book.
> 
> I address the issue by doing a split transaction.  1)Principal, brings
> down the liability and 2)the rest, which is an expense. 
> 
> I hope more people read that book.  It brings a whole different view of
> money.
> 

Well, not only that book. The Cashflow Quadrant, Retire  Young Retire
Rich, Rich Dad's Investment Secrets, and another one  just came out a
few months ago.

L



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