blogPg16_comptroller.html eMONEY: A USER GUIDE


To make budgeting accessible to a great majority of people, not only would they need to be spared the trouble of doing math, itemizing receipts and logging expenses, as well as storage and retrieval of documents would need to be eliminated as well - because, basically, nobody wants to do that shit.

In the lessons that follow, you will learn to trust that you don't need to know everything that's going on behind the scenes to manage your money effectively; you need only follow specific routines when spending money, to have the information you require to make prudent spending decisions at your fingertips, 24/7, whenever the need arises.

It isn't necessary to hand feed your budget, since the banks and credit card companies are perfectly willing do it. You just need to configure your bank account to mirror your spending plan, and use plastic instead of cash for Unscheduled Expenses (and appointments). For everything else, there's autopay.

Let's take a look at the Comptroller.







The Comptroller is comprised of four sections: Sub Account, Statement, Status, and Balance.

Sub Account lists the Expense Item and last four digits of the account number,
Statement shows the transfer deadline and amount due,
Status shows whether it is Autopay (set it and forget it), Editable (autopay with a changing amount each month), or must be paid by Personal Check,
    also, whether the transfer has been scheduled (edited, if Editable), executed (made available for withdrawal), or withdrawn (the bill has been paid),
Balance lets you confirm that your records match the bank's.

NOTE: Only one Status box should be checked at a time.

COMPTROLLER

It’s not important to keep the account numbers sequential in the Comptroller or any of the other lists.




Please proceed to the Conclusion





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