Budgeting prototype
Derek Atkins
warlord at MIT.EDU
Fri Sep 5 18:19:32 CDT 2003
phil_longstaff at comcast.net writes:
> I agree. This is why you would tie your budget to income and expense accounts,
> not assets and liabilities.
But what about "I budget $1500 towards my mortgage"? That's a
liability, and it certainly needs to be included in a budget.
Similarly, I'm budgeting into an asset in terms of savings goals --
e.g. I put $1200/mo into various savings (asset) accounts. Those
should be budgetable, too.
> Phil
-derek
--
Derek Atkins, SB '93 MIT EE, SM '95 MIT Media Laboratory
Member, MIT Student Information Processing Board (SIPB)
URL: http://web.mit.edu/warlord/ PP-ASEL-IA N1NWH
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