Best way to track child expenses?

[FireFly]

--- On Wed, 4/7/10, Daniel Trezub <daniel3ub at gmail.com> wrote:
> Hi, guys/gals!
> 
> I am wondering what is the best way to track child/wife
> expenses.
> 
> Example:
> I have an Expenses: Dining Out account.
> But sometimes my teenager daughter goes dining out.
> 
> What is the best way to track these expenses?
> An "Expenses: Dining Out: Teenager" account
> or an "Expenses: Teenager: Dining Out" account?

The answer is, and always will be, it depends.

What is more important/interesting to be able to easily track (since sub-accounts are really useful for being able to total upto the parent) how much you spent total on dining out, or how much your teenager spent in total?

Wife, same question really, I have a "Expenses:Wife Expenses" account, but really I'm just tracking my wifes bank balance, I assume she checks her transactions and makes sure that things add up right and the bank is doing the right things (it's more just so we have an idea of our total assets that I track her accounts at all).

So again, it depends, how exacting you want to get, how much you need to know, what you need to know, I know I can't track my wifes individual expenses simply because I'd have to ask her what every little expense was, and it would get really old really fast (for both of us).

- James Duerr

E-mail: FireFlys_98 at yahoo.com
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