- - - -

                                                                 O N L I N E R - - M E M O - - - - -

TO: Fellow Christian Onliners FROM: Jim Bramer, Retired CPA
RE: Computer/Internet SPENDING CONTROL systems UPTD: October 18, 2006

 Welcome to this Web Page, Fellow Christian Onliners, as we share via this "Onliner Memo" format.

Mission Statement  

      Our objective is to assist you do your personal bookkeeping as you control your spending via the appropriate use of the Computer/Internet SPENDING CONTROL system. Please Click Here and go to a web site that we established in July 2006 in pursuit of  SPENDING CONTROL assistance to both you Fellow Christian Onliners as well to  Small Ministries, that we define as handling $500,000 or less per annum.  Such a resource can integrate with you being with such groups that are listed when you Click Here.   You need to consummate your personal commitment to be Godly stewards of your fiscal affairs as you account for the money you earn and you incur/pay bills primarily via the righteous use of  BOTH  Credit Cards and Checks. 
recent study of consumer payments indicate that more and more consumer spending is being done via credit/debit/prepaid cards and are used now for 53% of store purchases, while cash or checks are 47%. Plus the average household owns from 7 to 13 of such credit/debit/prepaid cards.  Please go to Plastic and read our June 2000 publication on the general topic of using Credit Cards as a tool. Please manage your affairs so you make such resources a blessing and not a curse.
      Remember -- the emphasis here is "Spending Controls" using the Computer/Internet and not necessarily accounting for tax or investment purposes.  
      By the way ----- Mr. Steven B. Smith has written a story about the use of the
Envelope Spending Control system as an alternative to the usual budget process.  It is a free e-book when you read it Online as a result of accessing  
http://www.mvelopes.com/files/Money_4_Life.pdf  -- I really think you will enjoy it. 

      Other information about
Spending Control System is found in the folder when you Click Here.  Let me know at Jim@bcidot.org is you have any comments/questions.

     This "Spending Control System" (1) - involves at least the following:

1> You define "Spending" areas of your life.  See the Committed Areas shown in the sample report below. One family has set up an Envelope (Box) for each of the following: 

     Auto fuel, Auto insurance, Auto loan; Auto Maintenance, Clothing, Entertainment, Regular Church Donations, Bldg Fund Pledge Donations, Food - groceries, Food - eating out, Gifts - birthday, Gifts - Christmas, Her Spending, His Spending, Home-insurance, Home-Maintenance, Home Mortgage, Life insurance, Medical Expenses, Dental Expense, monthly memberships, Utilities, Internet costs, and Misc Costs. 

     Perhaps you should begin with such Envelopes (Box) found in the report sample below and expand only when you need better control in a particular Life Style area of your life.

 2> You determine in advance how much of your available money goes into these "Spending" areas and you place all of your money upon receipt into the applicable Envelope (Box).  When you Click Here you might find of interest an editorial where I have suggested a certain three phases in conjunction with "Spending".

>  You make full and timely use of "Internet centric" (Internet Friendly) resources and contemporary accounting tools mentioned more in depth below.  You use  BOTH  Credit Cards and Checks  as tools when you do your prudent buying from the available balance shown by these virtual Envelopes (Boxes).  Please see Methods below.  You discipline yourself in such matters as:

A.  You thoroughly understand weekly reports that include the most current Credit Card and/or Bank activity. The sample report below was produced near the end of the month  (5)

Side A -- Available Resources

10-ABC Bank Accounts


19-"BuyNowPayLater" Enabler - Click for more info





Side 1 -- Committed Areas

22-Due XYZ Credit Card Co


30-Spendable Balances

31-For Church Donations

$ 300.00

32-For Life Style Costs

$ 220.89

33-Mortgage Paymt due the 5th

$ 985.00


40-SetASide (or Escrowed)

41-For Upcoming Events

$ 600.00

49-For Discretionary Purposes

$ 215.00

$ 815.00




B.  The family buyer always knows how much money there is to spend during the following week within each spending area of their life (or per the balance within the applicable virtual Envelope -Box and makes appropriate buying decisions therefrom.  Example: the $220.89 above in the Life Style Costs Envelope-Box means, of course, that $220.89 is all that you now have for that purpose.

C.  You make no buying decisions simply based on your Bank or Credit Card account balances.

4>  You make full use of the monthly "Float" or "Buffer"  period that your Credit Card Co allows you -- or you righteously "buy now and pay later" with no interest/fee costs. Please  Click Here  for more info on this topic. See the $1,600.00 in the Sample above.  Please note the following Methods/Levels as you utilize this system. (6)

                                               Spendable Controls System METHODS and LEVELS (2)

     When you are ready to pursue this, please contact me at Jim@bcidot.org  for a personalized dialog as to the appropriate
Spending Control Method that is outlined below that best meets your unique needs. 

Method A (11) - This method embraces the software products indicated below.  Prior to August 2004, we emphasized some of this software and used the terms Quite Virtual Envelopes (QVE) or BuxBoxes.  These terms are used when you view resources found in the folder at: Righteous Personal Finance-RPFin

Level A-1 -- There is no reason to use the expensive new QuickBooks (QB) versions.  Go to www.ebay.com and acquire older versions of QB as explained when you  Click Here and go to a QB Envelope (Box)  Tutorial that walks you through the use of this product and provides you with Spending Control report samples. 
Level A-2  - Via Crown Ministries  Money Counts .

Level A-3 -- Via older versions of Quicken or Money -

Level A-4 -- Via a product known as Make $ Cents  -

Method B  (12) - Use of the  Mvelope   "cutting edge"  Internet and Computer resources - Click here for our in depth analysis of this software. We are so very pleased to learn that www.crown.org is endorsing this product.  One feature of this product allows your Bank and Credit Card transactions to electronically flow into your Mvelope  Envelope system.

Level B-1 -- Use all of the features of the Mvelope, eBilling and Online Banking software for your Spending Control system..
Level B-2 -- Use of afore-mentioned Mvelope, plus eBilling  and Online Banking software
for the Spending Control system. But you manually enter only portions of your Bank and Credit Card activity into this system.
Level B-3
(10) -- Use of afore-mentioned Mvelope for the system, but you manually enter all of your Bank and Credit Card activity into this system.  

     Please Click Here and go to a comparison of the above software within context.    

     Let me know at  Jim@bcidot.org  if you prefer to maintain your personal financial activity manually, or you are not comfortable using Computers, or the Internet, as you manually do your virtual  Spending Control record keeping and/or reporting that includes Checks and Credit Cards. I have some ideas that might be of help to you.

              LINKS TO  www.bcidot.org   RELEVANT CONTENT - OR ONLINER DOCUMENTS (3)

    Please let me know at  Jim@bcidot.org if you have any comments or questions about any of the following:

            Title       Click and Access Link Contents
01-Bank Reconciliation via the Web  
02-Born-again believer - BLVR - becoming one http://www.bcidot.org/rpf/BLVR-becoming one.html
03-BuxBox or Envelopes via QuickBooks  http://www.bcidot.org/all/0002-08.html
04-BuxBox "Can Spend" discussion http://www.bcidot.org/jrnl/0206-04.html#5
05-Church should provide some RPFin Helps http://www.bcidot.org/rpf/RPFin-ChurchPerspective.html
06-Credit Card Matters http://www.bcidot.org/all/0114-02.htmll
07-Debit Card Matters http://www.bcidot.org/all/0114-99.html
08-Dialog with a Christian on these topics http://www.bcidot.org/rpf/BLVR-Dialog.html
09-Dialog with a Consultant-Coach   http://www.bcidot.org/rpf/RPFin-Dialog with such a Consultant.html
10-Duties and their assignment http://www.bcidot.org/rpf/BLVR-RPFin Duties Suggested.html
11-Electronic Finance Options http://www.bcidot.org/qve/4036-01.html
12-Envelopes electronic system - Mvelope product http://www.bcidot.org/fwi/0928-03.html
13-Envelopes - Cash Only. http://www.bcidot.org/qve/QVE - Olden Days.html
14-Helper, or HOMERS, Info http://www.bcidot.org/fwi/0905-03.html
15-Internet Web Page and Envelope System  http://www.bcidot.org/fwi/0928-03.html
16-Internet Web Page - General Info  http://www.bcidot.org/fwi/0905-03.html
17-Online Banking http://www.bcidot.org/jrnl/0207-04.html#2
18-Online Bill Payment system http://www.bcidot.org/fwi/0926-03.html
19-Online Bill Payment system - For Christians http://www.bcidot.org/fwi/0928-03.html
20-Philosophies/Policies as to such matters http://www.bcidot.org/rpf/RPFin Philosophies-Policies.html
21-Plastic or Credit Cards - Use of  http://www.bcidot.org/qve/4040-01.html
22-Principles or Precepts http://www.bcidot.org/rpf/RPFin Precepts or Principles.html
23-Quite Virtual Envelopes - 101 course http://www.bcidot.org/qve/4025-01.html
24-Quite Virtual Envelopes -  Purpose Statement http://www.bcidot.org/qve/QVE-Purpose Statement.html
25-Quite Virtual Envelopes - System explanation http://www.bcidot.org/qve/RPFin QVE Acctg System.html
26-RPFin-Righteous Personal Finance - definition http://www.bcidot.org/rpf/RPFin define.html
27-References re Jim Bramer http://www.bcidot.org/hlp/0121-09.html
28-Scrip - Use of for Church Events http://www.bcidot.org/all/0101-02.html
29-Self Examination - identify weaknesses http://www.bcidot.org/rpf/BLVR-RPFin Self Exam.html
30-Some "How to" Tips http://www.bcidot.org/qve/4080-09.html
31-Tutorial - Envelopes System via QuickBooks Click Here for a Long link
32-Two Sides of the Same Coin http://www.bcidot.org/all/0094-01.html
33-View Jim's desktop info http://www.bcidot.org/hlp/0130-06.html
34-Whole Dollar Acctg for Personal Finance Whole dollar acctg for Personal Finances -- 0419-99 ZZenv


    Please let me know at Jim@bcidot.org  if you have any comments or questions about any of the following:

            Internet Resources       Click and Access Link Contents:
101-Bills.com Online info http://www.bills.com/about.htm
102-Bills.com who you can pay via  http://www.bills.com/billers.htm
103-eBill Payment - Common Questions Click Here for Long Link
104-Email - Pay bills via  http://www.myonlinebillpay.com/ebill.php
105-Email - More "payments via" info  http://www.ugotmoney.com/what_or_how.html
106-Make $ Cents system Click Here for Long Link (9)
107-Mvelopes - Envelope System Questions https://my.mvelopes.com/mvelopes/common_questions.php
108-Mvelopes Web Site (8) http://www.in2m.com
109-Mvelopes Forum or Message Board http://www.in2m.com/forums/index.php
110-Online Banking - What is it http://www.bankrate.com/brm/search/story-online.asp
111-Online Banking info http://www.myonlinebillpay.com/online_banking.php
112-Online eBill Payment Web Site http://www.myonlinebillpay.com/
113-Personal Online Finance Management  http://www.personalfinancebudgeting.com/


     Be sure and contact me at  Jim@bcidot.org  if you have any comments or questions about any of these matters.  Remember -- It is my desire to encourage you in your Christian walk and to be "Your Servant for Jesus Sake:" II Corinthians 4:5B  - Originated August 2004.  Thank you

Email Address:  Jim@bcidot.org -- Phone: (559) 298-5507 
 Mailing Address:  2628 East Goshen Ave. - Fresno, CA 93720

http://www.bcidot.org  links: 
  Spending Control HOME  | :  
ABOUT  US   |    Spending Control Purpose   |   SITEMAP   |   MFTeam HELPS