Trying to teach my wife about not spending money that is spoken for, yet still have the account show a correct amount.
For example a Savings account holds all our extra monies. Including property taxes, gift money, vacation money, etc. Should I create addtl dummy savings accounts within Quicken and have money transfer to the dummy accounts so she sees where it is going? If I do that, the money in reality is still in the savings account, but for the purpose of Quicken view, she sees it as allocated. How do I account for the always incorrect balance in the real savings account, interest. etc?
OR, is there a way to record the money in the one savings account as spoken for but keep it in the one savings account?
Thanks in advance.
robert