Search found 13 matches

by Hoosier CPA
Wed Oct 04, 2017 8:58 pm
Forum: Personal Consumer Issues
Topic: accounting software for churches?
Replies: 22
Views: 1411

Re: accounting software for churches?

We use Quickbooks (not the online version). It works fairly well. The issue with it is it's not the best for fund accounting. I've thought about looking for an alternative built for churches or non profits, but I would be concerned about reliability.
by Hoosier CPA
Tue Sep 26, 2017 11:13 am
Forum: Personal Finance (Not Investing)
Topic: 20% Down Payment Sub-optimal?
Replies: 54
Views: 4403

Re: 20% Down Payment Sub-optimal?

I'm new here, and I don't get paid to figure this stuff out, but you can't do a proper analysis of ROI without considering risk. You state that if the housing market goes bust, you'll still have your S&P investments, but those would like go down also in the event of a real estate bust, perhaps at a ...
by Hoosier CPA
Thu Aug 24, 2017 10:30 am
Forum: Personal Finance (Not Investing)
Topic: help with picking program to manage budget
Replies: 11
Views: 690

Re: help with picking program to manage budget

There are a lot of discussions on here about various software programs for managing spending and budgeting. I'd like to pick a program and really dive into it and use it. My primary goals are (1) to start track spending by category and once we have a better sense of that (2) prepare a spending plan...
by Hoosier CPA
Thu Aug 24, 2017 10:28 am
Forum: Personal Finance (Not Investing)
Topic: help with picking program to manage budget
Replies: 11
Views: 690

Re: help with picking program to manage budget

Given that your a CPA, what about excel? I personally like free :happy Yeah I do use Excel all day long, and I do a lot of work with budgeting at work on a volunteer basis with a non profit. The issue I've had in the past using Excel for tracking home/household expenses is the tediousness of manual...
by Hoosier CPA
Thu Aug 24, 2017 8:54 am
Forum: Personal Finance (Not Investing)
Topic: help with picking program to manage budget
Replies: 11
Views: 690

help with picking program to manage budget

There are a lot of discussions on here about various software programs for managing spending and budgeting. I'd like to pick a program and really dive into it and use it. My primary goals are (1) to start track spending by category and once we have a better sense of that (2) prepare a spending plan ...
by Hoosier CPA
Tue Jun 06, 2017 2:30 pm
Forum: Personal Finance (Not Investing)
Topic: Budgeting
Replies: 47
Views: 3895

Re: Budgeting

For those who use Excel to track spending vs budget, how do you update your spreadsheet with actual transactions? Manually entering them or downloading them periodically and formatting them, etc. has always held back my attempts to budget in Excel. I haven't committed the time to invest in using Qui...
by Hoosier CPA
Mon Jun 05, 2017 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: Power percentage: A more effective metric of financial performance than savings rate?
Replies: 47
Views: 3891

Re: Power percentage: A more effective metric of financial performance than savings rate?

I listen to Pete the Planner while commuting sometimes also. My understanding is the power percentage is best viewed as a metric for how effectively someone is using their earned income over a given, shorter term period of time - I think of it as a one year time frame. For example, I can see how I d...
by Hoosier CPA
Mon May 08, 2017 9:28 am
Forum: Personal Finance (Not Investing)
Topic: Best way to obtain older ROTH contribution #'s
Replies: 10
Views: 1374

Re: Best way to obtain older ROTH contribution #'s

Thanks - yes, I've been good about keeping all the documentation the past ten years or so - there's just some years in the early 00's I don't have the info. We likely won't have a need to pull that money out but still I'd like to have the records, just in case. I'll probably start with Wells Fargo a...
by Hoosier CPA
Sun May 07, 2017 3:57 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to obtain older ROTH contribution #'s
Replies: 10
Views: 1374

Best way to obtain older ROTH contribution #'s

My wife has a ROTH IRA which has been transferred twice and is now at Vanguard. Prior to Vanguard, I don't have records of the contributions that were made to her account, and those accounts have closed. Is there any way to determine what those contributions were? I don't plan to withdraw the funds ...
by Hoosier CPA
Wed Nov 23, 2016 8:54 pm
Forum: Personal Finance (Not Investing)
Topic: Individual disability in addition to group disability
Replies: 8
Views: 939

Re: Individual disability in addition to group disability

Will the association have the same income to coverage limits? I think it will. As I understand it, I have "excess" coverage now just because I bought the individual policy when I had no coverage, and then the group coverage was added on top of that (out of my control as it is a benefit tha...
by Hoosier CPA
Wed Nov 23, 2016 11:43 am
Forum: Personal Finance (Not Investing)
Topic: Individual disability in addition to group disability
Replies: 8
Views: 939

Re: Individual disability in addition to group disability

It's regular income, so it would be on my W-2.
by Hoosier CPA
Wed Nov 23, 2016 10:17 am
Forum: Personal Finance (Not Investing)
Topic: Individual disability in addition to group disability
Replies: 8
Views: 939

Re: Individual disability in addition to group disability

Thanks for the answers already. My bonus isn't guaranteed - it's more of a profit share. We'll likely have a payout of about 80% this year (80% of 20%). Does that mean it doesn't count for determining how much coverage I am eligible for? From looking at the NWM policy - it is regular occupation, has...
by Hoosier CPA
Tue Nov 22, 2016 9:55 pm
Forum: Personal Finance (Not Investing)
Topic: Individual disability in addition to group disability
Replies: 8
Views: 939

Individual disability in addition to group disability

First time poster; long time lurker. Have a question about how much disability coverage I can buy or what I should buy. I have individual coverage through NMW that I purchased while working at a job that doesn't provide disability coverage. The amount is about $3,400 per month currently and increase...