Comments on: Balance Sheet, August 2005 http://www.consumerismcommentary.com/balance-sheet-august-2005/ A premier personal finance blog, established 2003. Within, Flexo discusses his own experiences with money, and he and other authors comment on a wide range of personal finance topics. Sun, 12 Feb 2012 20:01:44 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Flexo http://www.consumerismcommentary.com/balance-sheet-august-2005/comment-page-1/#comment-853 Flexo Sun, 04 Sep 2005 16:11:36 +0000 http://wp.consumerismcommentary.com/?p=481#comment-853 The way I generated the screenshots is by exporting Quicken report data into an Excel spreadsheet which is already formatted. The way I generated the screenshots is by exporting Quicken report data into an Excel spreadsheet which is already formatted.

]]> By: Ostrauder http://www.consumerismcommentary.com/balance-sheet-august-2005/comment-page-1/#comment-852 Ostrauder Sun, 04 Sep 2005 06:12:08 +0000 http://wp.consumerismcommentary.com/?p=481#comment-852 I’ve been reading the progress reports people post on their blogs. While some of them are humbling, it is inspiring over all. Are those screenshots from Quicken? With my new found personal finance interest, I’ll be buying a software program. or download one… Anyway thanks for sharing Ostrauder I’ve been reading the progress reports people post on their blogs. While some of them are humbling, it is inspiring over all. Are those screenshots from Quicken? With my new found personal finance interest, I’ll be buying a software program. or download one… Anyway thanks for sharing

Ostrauder

]]> By: Flexo http://www.consumerismcommentary.com/balance-sheet-august-2005/comment-page-1/#comment-851 Flexo Sat, 03 Sep 2005 17:57:36 +0000 http://wp.consumerismcommentary.com/?p=481#comment-851 Jonathan, The value for my car listed at <a href="http://www.edmunds.com/" rel="nofollow">edmunds.com</a> went up one month. It seems to have corrected itself at this point. At the end of the year, I might take a look at the value and adjust each month's depreciation to make it more consistent. Monocrat, I combine the subsidized and unsubsidized portions just as the lender does. Neither Quicken 2005 nor MS Money when I used that software calculated the interest correctly, but I change the interest amount manually each time I enter a payment. I don't see it as too much of a hassle. Jonathan,

The value for my car listed at edmunds.com went up one month. It seems to have corrected itself at this point. At the end of the year, I might take a look at the value and adjust each month’s depreciation to make it more consistent.

Monocrat,

I combine the subsidized and unsubsidized portions just as the lender does. Neither Quicken 2005 nor MS Money when I used that software calculated the interest correctly, but I change the interest amount manually each time I enter a payment. I don’t see it as too much of a hassle.

]]> By: monocrat http://www.consumerismcommentary.com/balance-sheet-august-2005/comment-page-1/#comment-850 monocrat Sat, 03 Sep 2005 17:01:25 +0000 http://wp.consumerismcommentary.com/?p=481#comment-850 How do you account for your student loan? Money 2004 doesn't seem well equipped to handle the nuances of federal loans. Although I only have one lender, because I have subsidized as well as unsubsidized loans, treating the interest rate is difficult. Do you simply take a weighted average of the effective interest rate? Or are later versions of Money and Quicken more adroit at this problem? How do you account for your student loan? Money 2004 doesn’t seem well equipped to handle the nuances of federal loans.

Although I only have one lender, because I have subsidized as well as unsubsidized loans, treating the interest rate is difficult. Do you simply take a weighted average of the effective interest rate? Or are later versions of Money and Quicken more adroit at this problem?

]]> By: Jonathan http://www.consumerismcommentary.com/balance-sheet-august-2005/comment-page-1/#comment-849 Jonathan Sat, 03 Sep 2005 11:28:36 +0000 http://wp.consumerismcommentary.com/?p=481#comment-849 Looks like you're doing well, good idea comparing the beginning of the year. I just check my KBB value for my car and it went up? I remember you said that happened for your Civic. I think I might have just remembered to tick off all the options this time though. Looks like you’re doing well, good idea comparing the beginning of the year.

I just check my KBB value for my car and it went up? I remember you said that happened for your Civic. I think I might have just remembered to tick off all the options this time though.

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