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Is there use for this for individuals? Or is this like advanced note taking apps: you feel productive but are just busy talking about the things you need to do
by huijzer 3mo ago
Is there use for this for individuals? Or is this like advanced note taking apps: you feel productive but are just busy talking about the things you need to do instead of doing the things you need to do
- tinosar 3mo agoHi Fair challenge, and for a lot of personal finance tooling it's exactly right — and honestly for double-entry too, in two cases: if your finances are simple (one account, a salary), it's overkill; and if you track meticulously but never act on the picture, it's just theater with better-looking books. Where it earns its keep is when the single-stream "money in / money out" view starts lying to you — several accounts, some debt, reimbursements, an asset or two — because a spending pie chart can't tell you where you actually stand. Double-entry forces the books to balance, which catches errors and gives you a real net-worth position instead of a vibe