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- Track Gross Income instead of Net Income
- Track Indiviudal Expenses instead of Credit Card Balance
- Utilize Classes to break out expenses by people and projects (in addition to expense category)
- Use Bills & Deposits Planner for all periodic transactions (including savings transfers)
- Use the tax planner to optimize withholding
- Create asset accounts for all vehicles
- Create loan accounts for liabilities
- Setup your checking accounts as "Budget Accounts"
- Setup your savings accounts as "Non-Budget Accounts"
- Setup cashflow prediction based on budget
- Setup a Budget
- Utilize the Important Documents feature to create a lsit of all accounts/wills.
- Maintain a Home inventory for valuable items
- Reconcile your accounts ASAP
- Enter transactions periodically -- never let your receipts pile up for more than a month.
- Enter returns as negative expense quantities
- Consider making the last transaction of every month a transfer to/from your savings in order to balance your actual in/out flows with your budget plan.
- Define a minimum account balance for each account.
- Stop using cash-money as soon as possible!!
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