Understanding the book entry module
BudgetInMind software human interface is aimed at helping you enter your account quickly, securely so that you can concentrate on the analysis quickly. While we understand that entering your account is not what anyone of us necessarily like to do, it is a mandatory step in mastering your finance. There is no free lunch. One you enter your accounts, you understand where the money goes, and you then understand better the results provided by BudgetInMind.
You may find that you are lost with so many credit cards…. but then, may be you have too many credit cards. One of the primary money leaks in your finance are the interests you pay without knowing it to all the various bank institutions that love that you keep an non-zero balance on your credit card. Well, when you enter your accounts, it will become very visible to you that you must act. Just for this, entering your accounts is beneficial.
But again, this shall not be a painful exercise. BudgetInMind interface focuses on maximizing the effectiveness with which you enter your accounts